Baganuur IGCC (Petrovis)

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{{#badges:CoalSwarm|Navbar-Mongoliacoal}}Baganuur IGCC (Petrovis) was a proposed 650-megawatt (MW) integrated gasification combined cycle (IGCC) power plant in Baganuur, Mongolia.

The project was to be fuelled by the synthetic gas (syngas) produced as part of the coal-to-liquids (CTL) plant process. It was proposed that the CTL plant be built near the Baganuur mine.

Another rival CTL plant proposal is the Baganuur IGCC (POSCO/MCS).

Location

The map below shows Baganuur, the approximate location of the power station.

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Background

The proposal was for a 2 million tonnes per annum of diesel and gasoline of which 800,000 tonnes would be for domestic demand in Mongolia with the remainder for export to China under long-term supply contracts. The company estimated that the plant would cost US$3.5 billion with the IGCC plant costing approximately US$390 million or US$600/kW. Petrovis estimated that the project would produce refined product at approximately US$35 per barrel.[1]

In 2008, an energy consultant for the World Bank noted that a recent study on a proposed CTL plant in the US had estimated that the cost of the IGCC plant would be US$720/kw and that the cost of the produces would be viable at crude oil prices exceeding US$43 a barrel. The consultant noted that:[1]

"the estimated costs for the Baganuur CTL project may be somewhat low, but not excessively so. At current crude oil prices, it would still be economically viable. However, we believe it may take significant time to develop given the lack of commercial experience with the technology, making financing harder to obtain, and the difficulties likely to be experienced in finding off-takers willing to sign long-term contracts for diesel and gasoline output from the CTL plant. Given these risks of delay, and that the Baganuur CTL project as a whole is export-oriented with the further risks this entails, we do not believe it should be considered as a candidate plant for the least-cost analysis."

A summary of the proposal stated that "around 400MW of the plant’s capacity will be required for the CTL process with the remaining 250MW being available for sale to the CES [Central Energy System]". It was planned for operation in 2014.[1]

With no developments since 2008, the proposal appears to be abandoned.

Project Details

  • Sponsor:
  • Parent company: Petrovis
  • Location: Baganuur, Mongolia
  • Coordinates: 47.783889, 108.372222 (approximate)
  • Status: Cancelled
  • Gross Capacity: 650 MW of which 250 MW would be for export
  • Type: IGCC
  • Projected in service:
  • Coal Type: Subbituminous
  • Coal Source: Baganuur mine
  • Source of financing:

Articles and resources

References

  1. 1.0 1.1 1.2 "Mongolia: Power Sector Development and South Gobi Development: Draft Report", Economic Consulting Associates, September 2008, page 28.

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External resources