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Title: Definitional mission report: NAPCOR thermal-power-conversion project, Philippines. Export trade information

Technical Report ·
OSTI ID:7169063

The National Power Corporation (NAPCOR) of Philippines has requested the Trade and Development Program (TDP) to fund a study to evaluate the technical and economic feasibility of converting its existing oil and coal fired power plants to natural gas. The decision to undertake the study resulted from preliminary information on a large gas find off the coast of Palawan island. However, a second exploration well has come up dry. Now, the conversion of the existing power plants to natural gas seems very questionable. Even if the proven gas reserves prove to be commercially viable, the gas will not be available until 1998 or later for utilization. At that time several of NAPCOR's plants would have aged further, the political and economic situation in Philippines could have altered significantly, possibly improved, private power companies might be able to use the gas more efficiently by building state-of-the-art combined cycle power plants which will make more economic sense than converting existing old boilers to natural gas. In addition, most of the existing power equipment was manufactured by Japanese and/or European firms. It makes sense for NAPCOR to solicit services from these firms if it decides to go ahead with the implementation of the power plant conversion project. The potential for any follow on work for U.S. businesses is minimal to zero in the thermal conversion project. Therefore, at this time, TDP funding for the feasibility would be premature and not recommended.

OSTI ID:
7169063
Report Number(s):
PB-92-207646/XAB
Resource Relation:
Other Information: This document was provided to NTIS by the U.S. Trade and Development Program, Rosslyn, VA
Country of Publication:
United States
Language:
English