Project's Components Point to Modernization, Large Scale Spending on Pipe Replacement

摘要

I Infrastructure Modernization ($200 million) - This component finances the modernization of the physical infrastructure of GTSO by replacing aging and obsolete gas compressor stations with modern equipment to improve reliability and reduce operating costs, particularly energy costs. The GTSO is a significant user of natural gas and electricity. It is estimated that annual gas consumption for technical needs (compression, fuel gas, technical losses) was 42 Bcf (1.2 Bcm) annually, not including purchases of gas to cover balancing needs and unauthorized offtakes. The project finances only a limited number of priority initiatives (such as three compression stations). The final selection is to be carried out based on a new "technical economic analysis" with a comparison of different options. All of this will be done in alignment with the GTSO modernization strategy and optimization strategy.