ELECTRIC POWER

1. BRAZIL  

BRAZILIAN AUCTION OF ELECTRICAL TRANSMISSION

  • SUBJECT: Brazil sets bidding terms for transmission works (click here to see the terms and conditions in Portuguese)
  • PROJECT DESCRIPTION: Developers will bid for 11 projects at Brazil's next power transmission auction in August. The total works 4,900 km of transmission lines and 9GVA of transformer capacity across 13 states. The projects are due online in 2018 and 2019. Projects are located in the states of Alagoas, Goiás, Maranhão, Minas Gerais, Mato Grosso, Pará, Paraíba, Pernambuco, Piauí, Rondônia, Rio Grande do Sul, Santa Catarina and Sergipe.
  • CONTRACTING ENTITY: ANEEL National Electric Energy Agency
  • ESTIMATED INVESTMENT: The projects require investments of around US$2.5 billion
  • STATUS:  The auction will be held on August 26 at the Bovespa stock exchange

2. COLOMBIA  

PLAN TO STRENGTHEN COLOMBIA'S ELECTRICITY NETWORK

  • SUBJECT: Colombia's energy and mining ministry presented a plan to optimize and reinforce power service along the Caribbean. Plan Caribe envisions investment up to US$1.58 billion for 394 transmission and distribution projects. The plan also looks to attract new companies through project calls
  • CONTRACTING ENTITY: Colombia's energy and mining ministry

3. CHILE  

20 YEARS SUPPLY TENDER

  • SUBJECT: Chile's national energy commission (CNE) launched a tender for the supply of electric power to regulated market clients
  • PROJECT DESCRIPTION: CNE will award 20-year power purchase agreements in May 2016 to generators, who will be required to supply output to distribution companies from 2021-41.The process will be regulated under reforms passed by legislators last year. The auction will include 24-hour and 8-hour blocks, the latter to accommodate the intermittent nature of output from non-conventional renewable energy (NCRE) sources, specifically solar and wind farms

One of the signature goals of the government's 2014-18 energy agenda is to reduce prices fetched at regulated market power auctions

In the bidding process the following blocks will be auctioned:

  • Block 1: 5.500 GWh/a
  • Block 2A: 340 GWh/a
  • Block 2B: 500 GWh/a
  • Block 2C: 260 GWh/a
  • Block 3: 7.150 GWh/a
  • CONTRACTING ENTITY: Chile's national energy commission (CNE)
  • STATUS: Generators have until 20 April 2016 to present bids for the call.  

4. MEXICO  

TENDERS FOR ELECTRICITY AND NATURAL GAS INFRASTRUCTURE PROJECTS

  • SUBJECT: Mexico’s national electricity company, CFE, has launched tenders for 24 electricity and natural gas infrastructure projects valued at around US$9.8 billion, including eight pipelines, one combined cycle and one geothermal power station, two wind farms and several transmission projects.
  • PROJECT DESCRIPTION: The projects will add 1,442 MW to the country's electricity generation capacity; 2,385 km to its natural gas pipeline network; 122 km to the transmission network, and 2,962 km to the distribution grid. The pipelines include:
    • Tula-Villa de Reyes pipeline: with a length of 280 km, estimated investment US$420 million, and transporting 550 Mf3/d (15.5 million m2/d) between the states of Hidalgo and San Luis Potosí
    • Villa de Reyes-Aguascalientes-Guadalajara pipeline: with a length of 355 km, estimated investment US$555 million, and transporting 28.3 million m3/d
    • South Texas-Tuxpan undersea pipeline: with a length of 800 km, an estimated investment US$3.1 billion, and transporting 73.6 million m3/d across the Gulf of Mexico seabed
    • Nueces-Brownsville pipeline: with a length of 250 km, estimated investment of US$1.5 billion and transporting 73.6 million m3/d
    • La Laguna-Aguascalientes pipeline: with a length of 600km, an estimated investment of US$1 billion and transporting 32.5 million m3/d of natural gas across the states of Durango, Zacatecas and Aguascalientes
    • And the 20 km Empalme, 48 km Hermosillo and 32 km Topolobampo pipeline stretches, at a combined cost of US$158 million
    • The 25 MW Phase II of Las Azufres geothermal project in Michoacán state at a cost of US$63 million
    • Baja California VI internal combustion power plant with an estimated investment around US$105 million
    • 790 MW San Luis Potosí combined cycle power plant, with an estimated investment US$864 million
    • The 585 MW, Sureste II and III wind farms in Oaxaca, with an estimated investment US$1 billion
    • And also includes electricity substations in the states of Sinaloa and Sonora, and distribution lines aimed at reducing energy
  • CONTRACTING ENTITY: Mexico’s national electricity commission CFE
  • ESTIMATED INVESTMENT: US$9.8 billion
  • STATUS: Scheduled between July - September 2015

5. PERU

POWER TRANSMISSION TENDER

  • SUBJECT: Peru prepares new transmission tenders (the growing power demand in Peru has prompted authorities to advance plans to shore up electricity dispatch infrastructure
  • PROJECT DESCRIPTION: The planned works include:
    • The 500 kV Mantaro-Nueva Yanango-Carapongo and Nueva Yanango-Nueva Huánuco lines
    • The 220 kV Tintaya-Azángaro line
    • The 139 kV Aguaytía-Pucallpa line (second circuit) and
    • The 220 kV Carhuaquero substatio

The projects are part of the 2015-24 transmission plan. ProInversión also has bidding underway for the separate Carapongo transmission project

  • CONTRACTING ENTITY: The energy and mines ministry has tasked private investment promotion agency ProInversión with handling the bidding for new transmission projects  

OIL & GAS

1. BRAZIL

BRAZIL 13th OIL & GAS BIDDING ROUND

  • SUBJECT: The Brazilian National Energy Policy Council (CNPE) published the 13th Bidding Round. According to the Resolution, 266 blocks will be auctioned as well as 11 marginal/inactive areas
  • PROJECT DESCRIPTION: Of the 266 blocks, 182 are located on the onshore basins of Amazonas, Parnaíba, Recôncavo and Potiguar and 84 are located on the offshore basins of Sergipe-Alagoas, Jacuípe, Espírito Santo, Campos, Camamu-Almada and Pelotas. The marginal areas are in the Recôncavo, Tucano Sul, Paraná, Barreirinhas, Potiguar and Espírito Santo basins. The Resolution does not set the official date for the auction, but the Director of the Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) announced on 2 June that the bidding round would take place on 7 October 2015. It is expected that the round will raise R$2 billion to R$2.5 billion (approximately US$680 to US$850 million) in signature bonuses. The Government is basing the minimum bid prices on US$65 per barrel.
  • CONTRACTING ENTITY: ANP and CNPE
  • STATUS: The concession agreements should be signed in late November or early December

2. MEXICO

FIRST OIL & GAS ROUND MEXICO

  • SUBJECT: Mexico's first oil & gas auction
  • PROJECT DESCRIPTION: the Round 1 includes blocks and fields in different oil producing areas of Mexico; deep-water blocks, unconventional field blocks, extra-heavy crude and mature fields. The process will be conducted in five different auctions
    • The first phase of the oil & gas auction was held on 15 July for 14 shallow water blocks for PSCs. Two of the 14 blocks auctioned have been awarded. The consortium formed by Mexico-based Sierra Oil & Gas, UK-based Premier Oil and Dallas-based Talos Energy, were awarded the second and seventh blocks.
    • The second phase of the first oil & gas auction includes nine blocks in the shallow waters of the Gulf of Mexico for production sharing contracts
    • The third phase of the tender includes 26 onshore blocks to award license contracts
    • The fourth phase includes deep water blocks in the Gulf of Mexico
    • The fifth phase includes deep water blocks in the Gulf of Mexico

Click here to see our e-bulletin on the oil & gas round Mexico

  • CONTRACTING ENTITY: The Mexican National hydrocarbons Commission (CNH)
  • STATUS: Of the five phases of the first round; the first has already been awarded, the second and the third have been called (qualification process), and the fourth and fifth are planned for the coming months.

3. TRINIDAD AND TOBAGO

TRINIDAD AND TOBAGO OFFSHORE OIL & GAS BIDDING ROUND

  • SUBJECT: Trinidad and Tobago will launch an offshore round for licenses in the first quarter of 2016
  • PROJECT DESCRIPTION: The Ministry of Energy and Mines announced that it will auction around 10 blocks in shallow, intermediate and deep waters in the first quarter of 2016. The authorities expect that the amendments to the tax system aimed at attracting investment in the upstream segment will revitalise the sector
  • CONTRACTING ENTITY: Ministry of Energy and Mines
  • STATUS: Scheduled for the first quarter of 2016