SWPC puts pen to paper on SAR 8.5 Jubail-Buraydah water pipeline with Al Jomaih consortium: The Saudi Water Partnership (SWPC) — a fully-owned subsidiary of the Finance Ministry — signed a SAR 8.5 bn agreement commissioning the Jubail-Buraydah independent water transmission pipeline (IWTP) project with a consortium of Al Jomaih Energy & Water, Nesma, and Buhur for Investment, according to a statement. Commercial operation of the pipeline has been pushed to 2Q 2029, after originally being slated to go online in 1Q 2028. The pipeline was awarded under a 35-year build-own-operate-transfer (BOOT) contract.

ICYMI- The consortium was named the preferred bidder in November of last year, securing a levelized water transmission cost (LWTC) of SAR 3.6 per cubic meter. Vision International Investment and Abu Dhabi National Energy Company (Taqa) — a Saudi-UAE consortium — was tapped as the reserved bidder with a less competitive LWTC of just over SAR 5 per cubic meter.

Project profile: The pipeline — which is set to connect the Eastern and Al Qassim regions via a 587-km pipeline with a daily capacity of 650k cubic meters — aims to improve water infrastructure and ensure a sustainable drinking water supply in the Al Qassim and Eastern provinces. It is also expected to improve cost efficiency and reduce electricity consumption. The project includes six strategic storage tanks at Al Shamasiyah and will support reverse flow from Al Shamasiyah through Al Qulayib to Al Jubail where it has three strategic storage tanks. The total storage capacity of these tanks is 1.6 mn cubic meters.

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