On September 15, Methax, a special purpose company owned by Galileo Group, will open its new power generation plant in Anchoris, Mendoza Province, Argentina. The event will be attended by the provincial authorities, led by Governor Alfredo Cornejo.
The new plant will be fired by natural gas from wells not connected to the pipelines and located in the area of Malargüe. It is Argentine natural gas that could not be used with the technology available and will now be liquefied directly in the wells to be delivered to the plant by trucks equipped with cryogenic cisterns, an LNG transport modality that is defined as a Virtual Gas Pipeline.
This a worldwide pioneer experience and its engineering has been developed by Galileo Technologies, Galileo Group’s compressor and gas transport equipment manufacturer. The main virtue of this solution is that it does not require large production volumes in the wells or high levels of demand on the consumption side for the exploitation and transportation of natural gas to be economically viable operations, unlike what happens with conventional gas pipelines.
This technological change will allow to take advantage of the stranded gas that could not be counted as a reserve and will stimulate the production of hydrocarbons in remote areas, since it will now be possible to capture natural gas from the very first minute of the testing periods of the wells
Thanks to the stranded gas, the new power plant will provide 41 megawatts (MW) once in operation, which will cover the needs of 125,000 people in Mendoza and/or will be injected directly into the Electric Wholesale Market, depending on the needs of the network. The benefits will also be environmental, since using gas instead of diesel will allow this LNG-fired power station to generate electricity with 30% less CO2 emissions.
“Since 15 years ago Mendoza did not add electric power, and now we are doing it in partnership with private investment, national technology and gas that until now did not reach consumers,” said Pablo Magistocchi Vice President of EMESA (Mendoza’s state-owned energy company).
Galileo Group has invested US$ 100 million in the project, specifically in equipment development and manufacturing and in the construction of the plant, whose work took nine months and employed 150 people.
“Our next goals are the gasification of communities and the promotion of LNG in heavy transport. The opening of this plant is the first step of what we call Third Generation Gas or Gas 3.0,” said Osvaldo Del Campo, Galileo President and CEO. “By making natural gas independent of gas pipelines, we can take advantage of multiple gas sources that until now were unattainable.”
Source: Galileo Group