New base 10 february 2020 energy news issue 1317 by khaled al awadi

Copyright © 2020 NewBase www.hawkenergy.net Edited by Khaled Al Awadi – Energy Consultant All rights reserved. No part of this publication may be reproduced, redistributed,
or otherwise copied without the written permission of the authors. This includes internal distribution. All reasonable endeavors have been used to ensure the accuracy of the information contained in this
publication. However, no warranty is given to the accuracy of its content. Page 1
NewBase Energy News 10 February 2020 - Issue No. 1317 Senior Editor Eng. Khaled Al Awadi
NewBase For discussion or further details on the news below you may contact us on +971504822502,Dubai, UAE
U.A.E: Giant gas turbine moved by road to EGA Jebel Ali in
logistical feat …. WAM/MOHD AAMIR/Hazem Hussein
Emirates Global Aluminium today announced that a giant gas turbine, the biggest in the UAE, has
been moved by road from DP World’s Jebel Ali port and installed at EGA’s Jebel Ali site in a
carefully-planned overnight operation.
The Siemens H-class gas turbine, weighing 457 tonnes and with a length of 13.5 metres, was
transported six kilometres from Jebel Ali port, using an oversized truck.
On arrival at EGA, the turbine was placed in its permanent location at the heart of a new AED 1
billion state-of-the-art power block which will further improve the efficiency of EGA’s electricity
generation.
The entire operation took just over four hours over two days.
The new power block at EGA, which is being developed by JA Power & Water Co, a joint venture
formed by Mubadala and Dubal Holding, will be the first in the global aluminium industry to use a
Siemens H-class gas turbine, a leading technology in efficient power generation.
www.linkedin.com/in/khaled-al-awadi-38b995b

Abdulnasser Bin Kalban, EGA’s Chief Executive Officer, said, "At EGA, we believe producing the
aluminium that makes modern life possible is not enough. We must also produce this aluminium
responsibly, in ways that support the sustainable development of not only our company but of the
entire nation. Use of the H-class gas turbine will do just that, enabling EGA to further improve
energy efficiency, saving natural resources and reducing costs and environmental emissions. The
arrival and installation of the turbine is a milestone in the new power block project, and we are
pleased it has been completed safely and efficiently."
Dietmar Siersdorfer, Middle East and UAE CEO, Siemens, said, "The Siemens H-class is among
the world’s most efficient and powerful gas turbines. The EGA power plant will be the most
efficient gas-fired facility in the UAE and will significantly lower emissions and strengthen the
industry. Delivering this turbine is only the beginning of our partnership, and we look forward to
working hand-in-hand with the EGA, Mubadala and Dubal Holding teams to keep this power plant
operating reliably and efficiently for many years to come."
The new power block at EGA will have a generation capacity of over 600 megawatts of electricity
and EGA intends to buy the output for 25 years following commissioning.
It is expected to lower greenhouse gas emissions from EGA's power-generation and aluminium-
smelting operations at Jebel Ali by some 10 percent, while NOx emissions are expected to
decrease by as much as 58 percent. NOx, which is also emitted by motor vehicles, is amongst a
group of emissions targeted for reductions under ‘UAE Vision 2021’ to improve local air quality.
The H-class turbine was built by Siemens in Berlin and was shipped to the UAE by sea. Once the
new power block is fully operational, five older, smaller and less efficient turbines at EGA’s Jebel
Ali site will be put on standby for use only in emergencies. EGA runs power plants at its sites in
Jebel Ali and Al Taweelah with a current combined generating capacity of 5,450 megawatts,
making the company the largest power-producer in the UAE after the Dubai and Abu Dhabi
utilities.

Kuwait signs long-term gas import deal with Qatar, from 2022
https://www.energyreviewmena.com/article/financial-news/item/624-kuwait-signs-long-term-gas-import-deal-with-qatar
State-owned Kuwait Petroleum Corp signed a long-term contract with Qatar Petroleum to
purchase three million tons of liquefied natural gas per year, a statement said. Kuwait, which is
rich in oil but falls short in gas production, is currently importing 2.5 million tons of LNG per year
from BP, Shell and Qatar Petroleum.
The new agreement will run for 15 years
starting in 2022 when the new $3 billion
LNG receiving terminal at Al-Zour Port, in
the south of Kuwait, becomes operational,
a statement issued by the two companies
said.
Kuwait, a key OPEC producer pumping
some 2.7 million barrels of crude oil per
day, uses natural gas imports for power
generation and petrochemicals industry.
“This agreement extends Qatar’s long-
standing LNG supply relationship with
Kuwait well into the 2030s and highlights
our commitment to meeting Kuwait’s LNG
requirements,” Qatar’s Minister of State for Energy Affairs Saad al-Kaabi said after signing the
deal with his Kuwaiti counterpart.
Kuwait’s oil minister Khaled al-Fadhel said the country was “embarking on an ambitious path of
economic growth, which requires cleaner energy sources such as natural gas that will contribute
to reducing emissions and improving local air quality”.

Liquefied Natural Gas Import Facility (LNGI)
The LNGI project is the first of its kind in the State of Kuwait and has been established to meet
Kuwait's growing needs for cleanest fuel (natural gas) to generate electricity, as well as the needs of
other natural gas consumers such as oil refineries and petrochemical industries.
Project Features
 The LNGI project is the world’s largest capacity LNG storage & regasification
green field project.
 LNGI project is the first permanent LNG Import terminal in Kuwait.
 The area of each LNGI tank (being 6,644 m²) is 1.04 times of Jaber Al-Ahmad
Stadium’s Pitch (6,400 m²).
 The usage of 8 LNG Tanks, 9% Nickel Plate, is approximately 18,390 ton,
which is equivalent to 13,130 Toyota Camry (2017).

Pakistan: After 15 years may have found largest gas reserves
Published in The Express Tribune, Zafar Bhutta
Amid a growing energy crisis which has forced the country to rely on imported gas, Pakistan may
have found one of the largest hydrocarbon reserves, with potential deposits of one trillion cubic
feet, in Balochistan’s Mar gand block owned by Pakistan Petroleum Limited (PPL).
PPL, which operates the block with 100% working interest, has already announced a hydrocarbon
discovery in its first exploratory well Margand X-1, located in Kalat district, Balochistan.

However, PPL – a state-run oil and gas exploration company – has not yet announced the actual
size of the hydrocarbon reserves in the block.
Margand X-1 was drilled on June 30, 2019, which reached a depth of 4,500 metres inside Chiltan
limestone. On the basis of wireline logs, Modular Dynamics Testing (MDT) was carried out, which
proved the presence of hydrocarbon.
Gas crisis may worsen next year, cabinet body told
Drill Stem Test (DST) of the well showed a flow of 10.7 million cubic feet of gas per day (mmcfd)
at 64/64 inches choke size with flowing wellhead pressure at 516 pounds per square inch (psi)
and 132 barrels of liquid per day.
Since 2000, no major discovery of hydrocarbon reserves has been made due to low wellhead gas
prices and bureaucratic snags. Several companies like British Petroleum, Niko Resources and
Malaysia-based Petronas have also pulled out of the country due to small hydrocarbon
discoveries.
During the previous government of Pakistan Muslim League-Nawaz (PML-N), no major attention
was paid to exploiting the domestic oil and gas reserves and instead liquefied natural gas (LNG)
import contracts were signed.
At present, the country is primarily focusing on imported gas to bridge the shortfall due to the
absence of major discoveries.
“Initial estimates based on the structure of the Margand block reveal that this block has one trillion
cubic feet of reserves,” an official revealed, adding that drilling of more wells would support the
estimate.
According to the official, there had been no major discoveries in the country in the past 15 years.
“Pakistan will save $900 million due to LNG import substitution if PPL flows reach 300 mmcfd,” he
said. A former PPL board director said gas had been discovered in a new area of the Margand
block. Mari Petroleum was also working in the area and the gas discovery in the block would be a
game changer for the country, he said.
The current Pakistan Tehreek-e-Insaf (PTI) government has offered investors 10 blocks for oil and
gas exploration but no encouraging response has been received from foreign firms.
Under TAPI project: Pakistan to seek reduction in cost of gas import
The government is in the process of inviting bids for more blocks and discovery in the Margand
block will be a good sign that will woo foreign firms to participate in the bidding, according to
officials. Of the existing gas reserves, 7% is depleting every year. Officials pointed out that
domestic gas production had been static at 4 billion cubic feet per day (bcfd) since 2000.
However, gas demand has increased manifold, causing shortages. The government is giving LNG
to domestic consumers at prices 100% higher than the cost of domestically produced gas.
However, this will lead to another financial crisis as the government will either have to give
subsidy or will have to put the burden on consumers.
A PPL spokesperson told The Express Tribune that the drilling of Margand X-1 exploration well
had not yet been completed. “The estimate of reserves cannot be made until the well is drilled to
the targeted depth and subsequent tests are carried out,” the spokesperson added.

EIA projects generation from coal and nuclear power plants
will plateau after 2025 Source: U.S. Energy Information Administration, Annual Energy Outlook 2020
Despite projected growth in natural gas and renewable energy use to generate electricity through
2050, in the Annual Energy Outlook 2020 (AEO2020) Reference case, the U.S. Energy
Information Administration (EIA) projects that coal and nuclear power plants will collectively
provide more than 25% of generation through 2050.
Other scenarios with different assumptions for oil and natural gas supply—which in turn affect
natural gas prices—have implications for long-term coal-fired and nuclear-powered electricity
generation in the United States.
In the AEO2020 Reference case, the share of electricity generated from coal decreases from 24%
in 2019 to 13% in 2050, and the share of electricity generated from nuclear power is projected to
fall from 20% in 2019 to 12% in 2050.
In the High Oil and Gas Supply case, increased supply of natural gas results in lower natural gas
prices. In this scenario, natural gas-fired electricity generation continues to increase, largely at the
expense of coal and nuclear, which fall to 9% and 7% of total electricity generation in 2050,
respectively.

Similarly, in the Low Oil and Gas supply case, higher natural gas prices result in coal’s share
falling to 16% and nuclear’s share falling to 14% in 2050.
Recent trends for electricity generated from coal and nuclear are the result of historically low
natural gas prices, limited growth in electricity demand, state-level clean energy initiatives,
and increasing competition from renewable energy. Several coal-fired power plants, totaling 33
gigawatts (GW) of capacity, have already announced their intention to retire, according to
EIA’s survey of power plant operators and the companies’ retirement announcements.
The Reference case projects another 69 GW of coal-fired capacity to retire, mostly by 2025. If
realized, the amount of coal-fired capacity retired annually from 2023 through 2025 would exceed
the 15 GW of coal-fired capacity retired in 2015, which was the largest amount of coal-fired
retirements in EIA’s retirements data, which date back to 2002.
After 2025, EIA projects that only the most efficient coal-fired plants will remain operating through
2050 as natural gas prices rise and coal power plants remain competitive.
EIA assumes that less efficient coal-fired plants will retire by 2025 to comply with the Affordable
Clean Energy (ACE) rule.

This rule, finalized by the U.S. Environmental Protection Agency (EPA) in June 2019 as a
replacement for the Clean Power Plan, directs states to develop plans for improving the heat rates
(i.e., thermal efficiencies) of their coal-fired power plants to reduce carbon dioxide (CO2)
emissions.
Source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator
Inventory and Annual Energy Outlook 2020 (AEO2020)
In the AEO2020 Reference case, total U.S. nuclear power generating capacity decreases from 98
GW in 2019 to 79 GW in 2050. Similar to EIA’s projections for coal retirements, most of the
projected nuclear power retirements occur between 2020 and 2025. In the Reference case, nearly
24 GW of nuclear capacity retires: 7.5 GW have already been announced, and EIA’s Reference
case projects another 16 GW will retire through 2050 in response to competitive market
conditions.
Two new nuclear plants totaling 2.2 GW are projected to come online in the next two years
(Georgia’s Vogtle Units 3 and 4), and the existing fleet adds another 2.1 GW of capacity through
uprates, or improvements to existing plants.

NewBase February 10-2020 Khaled Al Awadi
NewBase For discussion or further details on the news below you may contact us on +971504822502 , Dubai , UAE
Oil prices edge down as traders assess China’s oil demand,
await OPEC+ cuts …. Reuters + NewBase
Brent crude slipped to $53.63 a barrel in early Asian trade, the lowest since January 2019, before
recovering to $54.37 by 0517 GMT, down 10 cents. U.S. West Texas Intermediate fell 8 cents to
$50.24 a barrel after striking a low of $49.56.
Oil prices edged down on Monday but held recent ranges as traders assessed China’s oil demand
following the coronavirus outbreak and awaited a decision by major producers to cut output further
to balance markets.
Oil is off more than 20% from peaks struck in January after a spreading virus hit demand in the
world’s largest oil importer and fueled concerns of excess supplies. Brent crude slipped to
Oil price special
coverage

$53.63 a barrel in early Asian trade, the lowest since January 2019, before recovering to $54.37
by 0517 GMT, down 10 cents.
U.S. West Texas Intermediate fell 8 cents to $50.24 a barrel after striking a low of $49.56.
“The overall sentiment is still bearish but markets are oversold,” said Avtar Sandu, a senior
commodities manager at Phillips Futures in Singapore. He added traders took profit after prices hit
technical support levels.
Beijing has orchestrated support for its companies and financial markets in the past week and
investors are hoping for more stimulus to lift the world’s second-biggest economy.
“Normally it takes at least two quarters before things start to pick up but there’s always hope for
new stimulus in the market that will buoy the economy,” Sandu said.
Worries over supply were not alleviated on Friday when Russia said it needed more time to decide
on a recommendation from a technical committee that has advised the Organization of the
Petroleum Exporting Countries (OPEC) and its allies to cut production by a further 600,000 barrels
per day.
Algeria’s oil minister Mohamed Arkab said on Sunday the committee had advised further output
cuts until the end of the second quarter.
“The coronavirus epidemic has a negative impact on economic activities, especially on the
transport, tourism and industry, in China particularly, and also increasingly in the Asian region and
gradually in the world,” Arkab said.
Russia Energy Minister Alexander Novak said Moscow needed more time to assess the situation,
adding that U.S. crude production growth would slow and global demand was still solid.
The proposal for the further cuts “failed to alleviate the pressure on oil, in part because the
proposal has yet to be formally discussed by OPEC ministers and because Russia continues to
push back against further cuts,” Stephen Innes, chief market strategist at AxiCorp said in a note.
“If the cartel fails to reach an agreement, there will be more pain to come in oil (on the) downside.”
Opec+ technical committee recommends extending cuts of 1.7 MBPD until year-end
An Opec+ joint technical committee recommended extending a global pact to curb production until
the end of 2020, with provisions for a temporary deepening of cuts to counter the impact of the
coronavirus on the oil markets.
Algeria's oil minister Mohamed Arkab, who currently holds the rotating Opec presidency
recommended "an additional reduction in production be made until the end of the second quarter
of 2020", according to a statement.
Opec+, the alliance led by Saudi Arabia and Russia, has been cutting back 1.7 million barrels per
day since the beginning of January in response to slowing oil demand growth. The pact was to

hold the current production levels until the first quarter of the year, with Opec+ expected to review
it at their meeting in Vienna on March 5 and 6.
The agreement, which also includes pledges for additional voluntary commitments of 400,000 bpd
from Saudi Arabia, will now be extended until year-end as a result of the coronavirus’s disruption
of global supply chains, trade and businesses that has dented consumption.
The joint technical committee, which includes Algeria, Saudi Arabia, Russia, the UAE, Iraq,
Kazakhstan, Kuwait and Nigeria, was said to have recommended additional cuts of 600,000 bpd
until the second quarter of the year at their latest meeting, according to media reports. Mr Arkab
did not specify the volume of additional cuts, which will be discussed at Opec's meeting next
month. However, the JTC's recommendations are non-binding and only a ministerial meeting can
enforce the production cuts.
Iran has backed the cuts, with oil minister Bijan Zanganeh quoted as saying by the Mehr news
agency that he supported the group "reducing output as much as they would want to." Non-
member Oman, which is compliant with the current Opec pact, also backed a short-term reduction
in oil output.
"Oman supports the recommendation of Opec+ JTC for a potential short, deeper cut agreement,
where Opec+ would reduce oil output immediately until the end of the second quarter, while we
continue monitoring the impact of the coronavirus on oil demand growth,” Omani oil minister
Mohammed Al Rumhy told Reuters on Saturday.
Russia, though, said it requires more time to assess the impact of the coronavirus on oil markets
before committing to any cuts and said it will consult with other producers later this week.
"With the scale of demand slowdown still an unknown variable, the Russian view may be to err on
the side of caution and not risk cutting output should prices stabilise in the $50-$60 per barrel over
the coming weeks," said Edward Bell, commodity analyst at Emirates NBD.
Brent, the most widely-used international benchmark settled at $54.47 per barrel on Friday, while
West Texas Intermediate, which tracks largely North American crude grades closed the week at
$50.34 per barrel. Brent has fallen by nearly $11 since January as markets factored in the
economic fallout from the coronavirus outbreak.
hina is the world's biggest buyer of oil and a slowdown in energy consumption due to a
government enforced lockdown will have huge ramifications for the global crude markets. State-
owned refiner Sinopec is said to have cut its monthly throughput by 12 per cent – the company’s
steepest in over a decade –after the
epidemic crimped fuel demand,
Reuters reported last week, citing
sources.
"Markets will also be scanning reports
out both from Opec and the
International Energy Agency later this
week for further analysis on how badly
China’s demand will be impaired this
year," said Mr Bell. Previous forecasts
by Opec and the IEA for 2020 were
largely bearish with weak demand
growth expectations and high supply
growth from non-Opec producers.

Oil Crisis in Libya Takes Center Stage at Latest UN Talks
Libya’s battered economy took center stage at United Nations-backed talks on ending the conflict,
as a blockade that slashed the OPEC nation’s vital oil output entered a fourth week.
The two-day meeting in Cairo is being closely monitored for any sign of a deal to restore output in
the North African nation after supporters of eastern commander Khalifa Haftar forced ports to
close mid-January, driving production to its lowest since 2011. Imminent large-scale resumption,
although unlikely, could add over 1 million barrels per day to the international market, complicating
OPEC’s efforts to assess the impact of the coronavirus on demand.
Distribution of oil revenue has been at the heart of the turmoil that’s divided the country, and an
immediate breakthrough in Cairo isn’t expected. The OPEC+ alliance, which controls about half of
the world’s oil, last week recommended cutting 600,000 barrels of combined production -- a
reduction that would be dwarfed by a significant rise of Libyan output.
The talks that started Sunday are the latest in a series of global efforts to end the conflict between
the internationally recognized government in Tripoli and Haftar, whose Libyan National Army
controls the country’s oil-rich east and south and in April turned its sights to the capital.
That offensive, which has morphed into a proxy war between regional powers, has killed more
than 2,000 people and displaced tens of thousands. Both sides have accused the other of
breaching a provisional cease-fire agreed in January.
Oil production in Libya, home to Africa’s largest-proven reserves, has tumbled to about 180,000
barrels a day, the lowest level since the 2011 uprising against long-time leader Moammar
Qaddafi, from a daily 1.2 million barrels just before the blockade. The state-run National Oil
Corp. has declared force majeure on supplies.

NewBase Special Coverage
The Energy world – Special Feb- 10-2020
IEA workshop highlights crucial role of carbon capture
technologies for clean energy transitions
Dr Fatih Birol, the IEA’s Executive Director, highlighted the critical importance of carbon capture
as he opened the workshop (Photograph: IEA)
The International Energy Agency held a high-level workshop today on the role that carbon
capture, utilisation and storage (CCUS) can play in a cleaner and more resilient energy sector.
The event brought together international experts from across governments, industry, NGOs and
leading global institutions.
The workshop will inform IEA analysis for the new edition of the flagship Energy Technology
Perspectives (ETP) publication. First launched in 2006, the ETP series has contributed to global
energy and environmental policy-making. To further strengthen ETP’s relevance for decision-
makers in governments and industry, the IEA will revamp the publication and release a new
edition in mid-2020 with the aim of making it a global guidebook on clean energy technologies.
Today’s workshop involved more than 80 experts from around the world, with presentations and
discussions centred on the potential for CCUS technologies to support carbon-neutral energy
systems. In particular, the value of shared transport and storage infrastructure for CO₂, the
importance of CCUS for hard-to-mitigate emissions, and the role of carbon removal in the energy
transition featured in the discussions.

“When we consider the scale of the energy and climate challenge, the critical importance of
carbon capture is inescapable,” said Dr Fatih Birol, the IEA’s Executive Director, who opened the
event. “CCUS can make a major contribution, and today’s workshop provides a valuable
opportunity to reflect on progress and identify how we can build a strong foundation for CCUS in
the coming decade.”
The 2020 edition of ETP will place a special focus on the wide-ranging potential of CCUS,
alongside other key energy technologies, to support a long-term transition to a cleaner and more
resilient energy sector with net-zero emissions. It will identify the industries in which CCUS is
critical and cost-effective for tackling emissions, and the ways in which its application in one sector
can help emissions reductions in others.
Investment
The SDS requires around an increase in overall investment compared to STEPS of around 25%
over the period to 2050. This additional investment cost is partially counterbalanced by reduced
fuel costs, which mitigates the impact on the energy bills paid by consumers. There is a significant
shift in capital spending away from fossil fuels to renewables and other low-carbon sources as
well as to electricity (Figure 2.10).
The largest increase in supply investment comes from renewables-based power, which is on
average double today’s level between 2019 and 2050. This is supported by additional spending on
electricity grids and battery storage, in order to ensure reliable electricity supply.
The other major shift in spending is towards the demand side, to take advantage of the huge
potential for energy efficiency. This means additional spending on more efficient buildings,

industrial processes and transport, as well as new demand-side infrastructure, e.g. for EV
recharging.
The investment needed to achieve universal energy access amounts to some $45 billion per year
between 2019 and 2030, the lion’s share of it for electricity access. While this is more than double
the amount in the Stated Policies Scenario, it is less than 2% of the total annual energy sector
investment in the Sustainable Development Scenario.
Masterplanning CO2 reduction
The challenge
According to the Climate Agreement, Industry faces quite the challenge. 49% of the CO2
emissions have to be reduced by 2030, with rising CO2 taxes as the main method to achieve this
reduction. With possible CO2 prices of €150 per ton, a changing environment, and rapid
developments in the available technologies, a step by step approach is required to ensure that the
industry stays both compliant and profitable.
CO2 masterplanning
Bilfinger Tebodin provides a step by step approach to create a master plan for your road to CO2
reduction. By looking at the processes, the ambitions of the company, and the environment in
which your company operates, we can analyze the potential, risks, and costs to create a route
map for 2030. By integrating the stakeholder management, the HSE aspects, and the engineering

practices, we will help you reduce the CO2 emissions and the profitability of your company in a
master plan to ensure your plant is future proof.
New €10 billion EU Innovation Fund for low-carbon technologies
The Commission announced an investment programme worth over €10 billion for low-carbon
technologies in several sectors to boost their global competitiveness. The first call for application
will be launched in 2020.
The Innovation Fund is one of the funding instruments supporting the European Commission’s
strategic vision for a climate neutral Europe by 2050 as outlined in its communication “A Clean
Planet for All” of 28 November 2018.
Fund will support the demonstration of low-carbon technologies and processes in energy intensive
industries (including products substituting carbon intensive ones), environmentally safe carbon
capture and utilisation and storage of carbon dioxide (CCU and CCS), innovative renewable
energy and energy storage technologies.”
The Innovation Fund will offer financial support, adapting to the market needs and the risk profiles
of the projects, while attracting additional public and private resources. It will fund sufficiently
mature projects with the biggest innovation potential. It will work in synergy with the InvestEU and
other EU programmes on research and innovation for low-carbon technologies.

The Commission aims to launch the first call for proposals already in 2020, followed by regular
calls until 2030.
The Commission will manage the Innovation Fund with the support of a public implementing body.
Member States will be consulted on key decisions (calls for proposals, pre-selected projects). This
combination will ensure efficient, simple and sufficiently flexible management of the Innovation
Fund.
The Innovation Fund builds on the lessons learnt from the NER 300 programme. A key takeaway
is that selecting immature projects and providing support too late in the project lifespan in an
inflexible way led to a low success rate of projects.
The Innovation Fund support will be provided in a more flexible way, following the cash flow of the
project through pre-defined milestones, with clear criteria for withdrawing funding in case of failure
in order to make funds available to other projects as quickly as possible. The decision-making
process is simplified and better coordination with other funding programmes.
The selection procedure is also simplified and takes into account the economic viability of
projects, their compliance with EU and national climate and energy policy priorities and the
existence of a firm commitment from Member States vis-à-vis the project.
Furthermore, the Innovation Fund has an expanded scope compared to the NER300 programme
as it is also open to highly innovative projects from energy intensive industries.
What projects can receive funding from the Innovation Fund?
The Innovation Fund will focus on highly innovative technologies with European added value that
can bring on significant emission reductions in multiple sectors and unleash further low-carbon
investments in all Member States. At the same time, the projects need to be sufficiently mature in
terms of planning, business model, financial and legal structure.
The Innovation Fund aims to finance a broad variety of projects achieving an optimal balance of a
wide range of innovative technologies in all eligible sectors (energy intensive industries,

NewBase For discussion or further details on the news below you may contact us on +971504822502,Dubai, UAE
The Editor :”Khaled Al Awadi” Your partner in Energy Services
NewBase energy news is produced daily (Sunday to Thursday) and sponsored by Hawk Energy Service –
Dubai, UAE.
For additional free subscription emails please contact Hawk Energy
Khaled Malallah Al Awadi,
Energy Consultant
MS &BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME member since 1995
Hawk Energy member 2010
www.linkedin.com/in/khaled-al-awadi-38b995b
Mobile: +971504822502
khdmohd@hawkenergy.net or khdmohd@hotmail.com
Khaled Al Awadi is a UAE National with a total of 28
years ofexperience in the Oil& Gas sector. Currently working as
Technical Affairs Specialist for Emirates General Petroleum Corp.
“Emarat“ with external voluntary Energy consultation for the GCC
area via Hawk Energy Service as a UAE operations base , Most
of the experience were spent as the Gas Operations Manager in
Emarat , responsible for Emarat Gas Pipeline Network Facility &
gas compressor stations . Through the years, he has developed
great experiences in the designing & constructing of gas pipelines,
gas metering & regulating stations and in the engineering of supply
routes. Many years were spent drafting, & compiling gas
transportation, operation & maintenance agreements along with many MOUs for the local
authorities. He has become a reference for many of the Oil & Gas Conferences held in the UAE
and Energy program broadcastedinternationally, via GCC leading satellite Channels.
NewBase :For discussion or further details on the news above you may contact us on +971504822502 , Dubai , UAE
NewBase Jan 2020 K. Al Awadi

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