Wärtsilä contracted to supply a 26 MW power plant to a natural gas processing plant in Canada

Wärtsilä contracted to supply a 26 MW power plant to a natural gas processing plant in Canada

ID: 24152

(Thomson Reuters ONE) -


Wärtsilä Corporation, Press release, 20 July 2010 at 10.30 EET

Wärtsilä, a leading global supplier of decentralised power plant solutions, has
been awarded the contract to supply the power generating equipment and
associated engineering for the power generation of the Cabin Gas Plant Power
Generation Project in British Columbia, Canada.

Wärtsilä will supply three Wärtsilä 20V34SG gas engine generator sets running on
natural gas producing a combined output of over 26 MW.

The power plant will provide electricity to a natural gas processing plant
producing pipeline quality gas from shale formations located in the heart of the
Horn River Basin, one of the most prolific shale gas deposits in North America.
The power plant will run on the natural gas processed by this natural gas
processing plant.

The shale gas boom taking place in Canada and the United States is a fairly
recent phenomenon spurred on by new horizontal drilling and hydraulic fracturing
technologies. Gas from shale deposits has become an increasingly important
source of natural gas over the last decade and is viewed as a key supply source
for the future. For example in the United States the shale gas discoveries and
other unconventional natural gas resources are expected to provide more than
100 years of supply, resulting in stabilized natural gas pricing.

There currently is no electrical grid to provide electricity in this area of
British Columbia, which makes on-site generation a necessity. Wärtsilä
technology provides high reliability because of the multiple units and its
proven technology. Other benefits include the excellent heat rate and lack of
process water consumption.

The engine generator sets and equipment will be delivered in the 3rd quarter of
2011 and the natural gas processing plant is expected to be operational in the




fall of 2012. Operating in a remote northern location near the border of British
Columbia and Northwest Territories, in Arctic-like climatic conditions,
Wärtsilä's reliability and extensive service capabilities will be crucial to the
project's success.

"This order represents an exciting project for Wärtsilä utilising our highly
efficient and reliable gas engines to provide power for shale gas development in
Canada. The plant will be supported by Wärtsilä Services in Canada which has
over 150 people dedicated to supporting our engines," commented Frank Donnelly,
President, Wärtsilä in North America.

For further information, please contact:

Michelle Romero
Marketing Manager
Wärtsilä North America, Inc.
Tel: +1 281 233 6209
michelle.romero(at)wartsila.com


Atte Palomäki
Group Vice President
Communications & Branding
Wärtsilä Corporation
Tel: +358 10 709 5599
atte.palomaki(at)wartsila.com


Wärtsilä in brief

Wärtsilä is a global leader in complete lifecycle power solutions for the marine
and energy markets. By emphasising technological innovation and total
efficiency, Wärtsilä maximises the environmental and economic performance of the
vessels and power plants of its customers. In 2009, Wärtsilä's net sales
totalled EUR 5.3 billion with more than 18,000 employees. The company has
operations in 160 locations in 70 countries around the world. Wärtsilä is listed
on the NASDAQ OMX Helsinki, Finland.

www.wartsila.com


[HUG#1432686]








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Source: Wärtsilä Oyj Abp via Thomson Reuters ONE


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Bereitgestellt von Benutzer: hugin
Datum: 20.07.2010 - 09:30 Uhr
Sprache: Deutsch
News-ID 24152
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