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The liquefied natural gas (LNG) value chain is complex and requires highly reliable technologies and innovative financing solutions to bring projects online.
The importance of liquefied natural gas (LNG) for the global energy system has been increasing – particularly in the Middle East where LNG imports have grown by more than 380% (Source: Platts). LNG offers many advantages over traditional energy sources for power generation. However, the costs involved in transitioning power projects to make use of LNG are enormous. A broad range of infrastructure, technology, expertise and interdependent capital investment is essential for the successful transition to LNG.
Liquefied natural gas projects are set to play a crucial role in tomorrow’s global energy system. To realize these complex power projects, innovative financing is paramount for helping pave the way toward a more sustainable future.
Siemens leverages the technological expertise needed to understand your individual vision. We have the financial know-how needed to bring that vision to life – anywhere in the world. Learn more about how we’re helping businesses today.
SFS contributed $50 million to partially fund the project’s first phase
Turnkey plant with total installed capacity of 459 megawatts
Three gas turbines for the Azura-Edo power plant project
Equipment for a natural gas-fired combined-cycle gas turbine and floating LNG Terminal
Total installed capacity of 200 megawatts with reduced emissions and fuel consumption
SFS supplied equity and helped structure the overall financing for the project
Siemens can design a financial solution that is a perfect fit to your market and project, minimizing risk and