Toul gas-to-power by Statoil and Poweo

Innovative gas-to-power deal between Statoil and Poweo

Energy Risk Deals of the Year 2011

A landmark deal between French electricity generator Poweo and Norwegian energy company Statoil could signify the beginning of a new type of natural gas supplies to low-carbon gas-to-power production that will replace coal-fired plants and help Europe achieve its climate change targets.

The deal guarantees 20 years of natural gas supplies, roughly 0.5 billion cubic metres per year and worth $3 billion in total, to be delivered to Poweo's 413 megawatt combined-cycle gas turbine (CCGT) from

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here