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March 26, 2015

Three companies win $2bn Freeport LNG contract in US

A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural gas (LNG) train at Freeport LNG in Texas, US.

By admin-demo

A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural gas (LNG) train at Freeport LNG in Texas, US.

The deal requires the JV to provide engineering, procurement and construction services for the third of the three-train natural gas liquefaction and export facility on Quintana Island, near Freeport.

The contract’s scope also includes a double-walled, full-containment 165,000 cubic metre LNG storage tank, which will be delivered by CB&I.

"We look forward to working with our partners and Freeport LNG to successfully complete this project."

After completion, the three-train liquefaction facility will have a total capacity of more than 13.9 million tonnes per year of LNG.

CB&I and Zachry started construction on the first and second trains in November 2014.

CB&I president and CEO Philip Asherman said: "This award reflects on the ability of CB&I and our partners to maintain the level of excellence our customers expect, and further builds upon our strong presence along the U.S. Gulf Coast.

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"CB&I has a proven track record for outstanding project execution and superior safety performance, and we look forward to working with our partners and Freeport LNG to successfully complete this project."

Zachry was the constructor of Freeport LNG’s original regasification terminal at the location, which was completed in 2008.

Chiyoda accounts for over 40% of the world’s total LNG production capacity, based on its plant design and project execution capabilities.

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