SUEZ Energy International wins largest power and water project in Qatar

The consortium has a 40% stake in the project, with the remainder split between state-owned Qatar Petroleum and Qatar Electricity and Water Corp (QEWC).

Ras Laffan C will be the largest power and water plant in the country, providing 2,730 MW of electricity and more than 286,000 m3 desalinated water per day. The total investment cost is expected to be over $3.7bn. The electricity and water will be sold through a 25 year Power and Water Purchase Agreement with Kahramaa. Total revenues of the project company over 27 years will be $22.7bn.

Ras Laffan C should be operational by April 2011 with an early power and water phase by May 2010.
The selected power and water technology will offer a highly efficient distillation and electricity production process, optimizing the natural gas consumption at low emissions.

Dirk Beeuwsaert, CEO of SUEZ Energy International: "We are keen to successfully continue SUEZ's developments in the booming Gulf region. Our selection for Ras Laffan C confirms our reputation as designer and developer of complex international projects. The plant will be instrumental in meeting the energy and water needs of Qatar which are boosted by the rapid increase of the population and a vast number of new industrial projects coming on stream in the next few years."

Demand for water in Qatar grew 16% in 2007 and power demand grew in the same period by 17%. Qatar holds the world's third largest natural gas reserves and wants to triple electricity output from the current 3,300 MW to about 10,000MW by 2015 to keep pace with sharply-rising demand.

SUEZ Energy International's presence in the Middle East

In the Middle East, SUEZ will now have a direct equity interest in nearly 11,000 MW and over 2 million m³ of water per day making us the leading private power developer in the Gulf region. Total investment cost for SEI's Middle East assets amount up till now to approximately $11bn.

Oman

Al Manah: First independent power producer in the Gulf region - 289 MW - acquired in 1994 - operational
Sohar: 586 MW power plant and 6,250 m³/h water desalination plant - awarded in 2004 - operational
Al Rusail: 665MW power plant, first privatisation in the electricity sector in Oman- acquired in 2006 - operational
Barka 2: 678 MW power plant and 5,000 m³/h sea water desalination plant - reverse osmosis technology supplied by Degremont- contract won in 2006 - under construction

Abu Dhabi

Al Taweelah: Power generation and desalination plant representing 1,360 MW of power and 16,056 m³/h of water- acquired in 2000 - operational
Bahrain
Al Ezzel: 966 MW power generation plant - contract awarded in 2004 - operational
Al Hidd: Power production and desalination plant, 938 MW and 5,682 m³/h of water - acquired in 2006 - operational

Saudi Arabia

Marafiq: 2,750 MW power plant and 800,000 m³/ day of seawater desalination plant, largest of its kind in the world - contract awarded end of 2006 - under construction