Candax shares a 50/50 ownership in the SEEB power facility with
its partner, Caterpillar Power Ventures Inc.
The SEEB power plant is a 27 megawatt, single cycle operation
located at the El Bibane central processing facility and the majority
of its gas supply originates from the El Bibane field. SEEB utilizes
up to 7 MMcf/d of gas sourced from both the El Bibane and Ezzaouia
oil fields, and supplies electricity to STEG, the Tunisian power
entity.
The SEEB plant is a flagship, independent power producer (IPP)
for Tunisia, as it utilizes gas that was previously being flared
and, as one of the first IPPs, provides a low cost source of electricity
for the country.
Copyright © 2008 Candax Energy Inc.