• Natural Gas News

    Karpowership pens MoU on potential power supply to Ukraine

Summary

Karpowership is looking at deploying powerships offshore Moldova and Romania to potentially provide Ukraine with 500 MW of power supply. [image credit: Karpowership]

by: Reuters

Posted in:

Complimentary, NGW News Alert, Natural Gas & LNG News, Europe, Corporate, Exploration & Production, News By Country, Turkey

Karpowership pens MoU on potential power supply to Ukraine

Turkey's Karpowership has signed a memorandum of understanding (MoU) with state-owned trader Energy Company of Ukraine (ECU) on the potential use of floating power stations to improve Ukraine's electricity supply.

Among the options being considered are to moor Karpowership's Powerships off the coast of Moldova and Romania, to supply neighbouring Ukraine's grid via transmission lines, Karpowership said in a statement on January 26. Karpowership and ECU will reach out to Moldovan and Romanian authorities to assess the viability of these two options.

Advertisement:

The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business.

ngc.co.tt

S&P 2023

The goal is to develop and finance 500 MW of power supply – enough to cover the needs of 1mn households.

Russia has launched a series of rocket attacks against Ukrainian energy infrastructure over recent months, resulting in power and heating disruptions across much of the country.

"Karpowership is delighted to work with ECU to ease Ukraine's power crisis," Karpowership's chief commercial officer, Zeynep Harezi, commented. "Powerships are a fast, reliable, and flexible solution to the nation's electricity shortages, and we are ready to support Ukraine in getting the energy it needs as soon as possible."

"While the war continues, building new power units to recover lost or damaged generation capacity is not a feasible option and we need to look for innovative solutions to the current crisis," ECU CEO Vitaly Butenko said.

Karpowerships has a fleet of 36 Powerships, operating across Africa, in New Caledonia and Brazil, and has been in talks with several European countries on delivering as much as 2 GW of power supply. It can connect these vessels to power grids in less than 30 days, the company said.

"Powerships are cheaper, quicker, and more flexible than land-based power facilities and leave a minimal environmental footprint when decommissioned," the company said. "They are simply unplugged and re-deployed wherever they are most needed."