Brindisi LNG of Italy Awards EPC Contract for the LNG Terminal to the International Consortium, Including Tecnimont, GLF, VICNI

abarrelfull wrote on 04 May 2012 09:02
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April 21, 2005

The international consortium, including Mitsubishi Heavy Industries, Ltd. (MHI), has made a formal contract with Brindisi LNG S.p.A. of Italy for an engineering, procurement and construction (EPC) contract of the liquefied natural gas (LNG) regasification terminal in Italy. Brindisi LNG is a 50-50 joint venture between BG Group plc and Enel S.p.A. The gross capital expenditure for the terminal project is estimated to be approximately 390 million euro.

The international consortium is led by Tecnimont S.p.A, a major engineering company in Italy, and comprises Italian firms Grandi Lavori Fincosit S.p.A. (GLF) and Consorzio Cooperativa Costruttori (CCC); French companies Vinci Construction Grands Projets SAS and Sofregaz S.A.; and MHI. Tecnimont and Sofregaz will undertake regasification process work while GLF and CCC will perform marine-civil work. MHI and Vinci are responsible for two LNG storage tanks work, which constitute core facilities of the terminal.

The large-scale LNG terminal will be constructed in the port of Brindisi, in the area of Capo Bianco, southern part of Italy. The LNG terminal will have capacity to receive 6 million tons of LNG per year and to send out 8 billion cubic meters of regasified LNG a year. The two above-ground LNG tanks will have a storage capacity of 160,000 kiloliters each. The terminal is scheduled to become operational in 2008.

Brindisi LNG awarded the EPC contract to the consortium due to its tender stronger than any other competing team. MHI believes its proven record and technical expertise in construction of above-ground large LNG tanks in Egypt and Qatar contributed to the tank order. MHI is the first Japanese company to receive an LNG tank order from Italy.

• Brindisi LNG of Italy Awards EPC Contract for the LNG Terminal to the International Consortium, Including Tecnimont, GLF, VICNI and MHI

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