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Friday, April 4, 2008

Kola-2 Nuclear Plant May Supply Power for Shtokman

Gazprom is studying opportunities to use nuclear power, particularly the planned Kola-2 nuclear plant, to supply electricity for the Shtokman gas field development, Yevgeny Sharov, the deputy head of Rosenergoatom's department for managing investment projects, said at a conference in Moscow on Thursday.

Gazprom has proposed a special meeting with the atomic energy concern to discuss the project, he said.

The Shtokman project will require roughly 1.8 gigawatts of electricity for the LNG plant, 0.5 gigawatts to pump gas, and several more megawatts for the internal needs of the platform where the gas is extracted.

A steam-gas unit is planned for construction in late 2013-early 2014 to power Shtokman. Once the Kola-2 plant is online, the unit could be used as a supplement during periods of peak use.

It is too early to specify potential schemes for the project and the financing mechanisms. Sharov said it was possible that instead of using the Kola-2 plant, Gazprom might decide to build a floating nuclear plant.

Under the approved general scheme for new power facilities in Russia to 2020, Kola-2 will include four 300-megawatt blocks. However, that is based on the pessimistic assumption that no new major consumers appear in the area. If Gazprom decides to use power from Kola-2, the plant could be built using blocks with more than 1,000 megawatts of capacity each.

(Source: RedOrbit)

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