Saudi Tabreed has signed an agreement with Saudi Aramco to develop and operate a district cooling system to cool all the buildings of Saudi Aramco in the Dhahran area. Under the agreement, Saudi Tabreed shall design, construct, finance, own, operate and maintain a centralised cooling plant and a network to supply chilled water to the Saudi Aramco buildings with a cooling capacity of 27,000 TR. The agreement is for a 23-year term.
Commenting on the occasion, Mohammed bin Abdullah Abunayyan, Chairman of the Board of Directors of Saudi Tabreed, said: “This project reflects the keenness of Saudi Aramco to maintain the environment by using a district cooling system, which consumes half the electrical energy consumption as compared to that for traditional methods of cooling.
Abunayyan said that it was a matter of immense pride for Saudi Tabreed to be working on developing the project for an internationally acclaimed company such as Saudi Aramco. The representatives of Saudi Aramco showed immense professionalism during the discussions and finalisation of the project, he added. This, he further said, reflected the keenness of Saudi Aramco towards the participation of the private sector in the development of current and future projects planned by the company.
During the occasion, Nabeel Abdullah Al-Jama, Executive Director for Community Services, Saudi Aramco, said that the deal emphasises Saudi Aramco’s concern with regard to energy conservation as well as to giving a chance to the private sector to invest and work in Saudi Aramco projects, which will reflect positively on the national economy.