TAQA FY 2020 Proforma Consolidated Results and Dividend Policy
TAQA at a glance (1)
Our global footprint
Canada
Oil and gas assets
TAQA-operated and non-operated
72,928 boepd (62%)*
16% crude / 70% gas/14% NGL
2P reserves: 263mn boe (82%)*
Power
Power and Water
Country
Plant name
United States
Red Oak gas-fired power plant (New Jersey)
Non-operated merchant asset;
Operatorship; TAQA ownership
Power/water (installed capacity^)
P(W)PA residual life (as at 31/12/2020)
Transmission and Distribution
85% TAQA
832 MW (4%)*
2 years (tolling agreement)
Lakefield wind farm (Minnesota)
Non-operated; 50% TAQA
206 MW (1%)*
Oil and Gas
Country
Asset description
Operatorship
FY 2020 average production
Hydrocarbon production mix (% crude/gas/NGL)
2P reserves (as at 31/12/2020)
11 years
UK the Netherlands
Oil and gas assets (off and onshore)
TAQA-operated and non-operated
34,755 boepd (29%)*
85% crude / 14% gas/ 1% NGL
2P reserves: 29mn boe (9%)*
Two gas storage facilities
GSB (60% TAQA), PGI (40%);
Gas storage capacity:
4.7 bcm (53.2 TWh)
Morocco
Jorf Lasfar coal-fired power plant
TAQA-operated;
86% (units 1-4), 91% (units 5-6)
2,056 MW (9%)*
Iraq
Atrush block in Kurdistan Region of Iraq
TAQA-operated;
10,283 boepd (9%)*
100% crude
2P reserves: 27mn boe (9%)*
United Arab Emirates
12 gas-fired and renewable power and water plants
Non-operated;
40-80% TAQA; 0-20% Other GRE; 40% Int'l Partners**
17,668 MW (82%)* / 913 MIGD (100%)
13 years weighted average P(W)PA residual life
India
Neyveli lignite-fired power plant
TAQA-operated; 100% TAQA
250 MW (1%)*
12 years
23 years
Ghana
Takoradi gas-fired power plant
TAQA-operated; 90% TAQA
330 MW (2%)*
20 years
United Arab Emirates
Transmission and distribution
Operated; 100% TAQA
100,000 km power and water networks
Oman
Sohar Aluminium smelter
Non-operated; 40% TAQA
1,000 MW *** / 375k tons
aluminium per year
Captive
Saudi Arabia
Jubail Energy gas-fired power and steam plant
Non-operated; 25% TAQA
250 MW (1%) / 510 tons per hour of steam
4 years
Note: 49% associate investment in Massar Solutions not shown
Λ Installed gross power and water capacity at PCOD
*
**
Percentage of global TAQA capacity / production / 2P reserves of
21,592 MW, 913 MIGD / 118.Omboped / 320mmboe
Int'l partners include: Engie, Marubeni, JGC, JinkoSolar, Sumitomo, ACWA
Power, BTU, EDF, JERA, Kepco, Powertek, Kyuden, Sembcorp, Osaka, Total
*** Not included in total capacity given TAQA stake in whole smelter
(powered by a captive power plant)
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