CB&I Wins EPC Contract For Expansion Of U.S. LNG Terminal

abarrelfullabarrelfull wrote on 29 Jan 2013 06:27
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June 4, 2003

CB&I (NYSE: CBI) has been awarded a lump-sum turnkey contract valued in excess of US$90 million for a liquefied natural gas (LNG) terminal expansion project near Savannah, Georgia, USA.

CB&I will perform the engineering, procurement, construction and commissioning for the project, which will increase the facility's storage volume by approximately 80 percent to 7.3 billion cubic feet and the design send-out rate to approximately 800 million standard cubic feet per day (MMSCFD). The terminal, one of four LNG import facilities in the United States, is owned and operated by Southern LNG Inc.

CB&I's work scope includes a new 160,000 cubic meter (approximately 1 million barrel) LNG storage tank, a 540 MMSCFD send-out system, two LNG ship unloading stations, and related civil, mechanical, electrical and insulation works. The terminal expansion is expected to be completed by the end of 2005.

"We are extremely pleased to join with Southern LNG in this important project that will help meet the growing U.S. demand for natural gas," stated Gerald M. Glenn, CB&I's Chairman, President and CEO. "We will draw on our deep technical and field execution experience in LNG facilities around the world to enable us to add value to this project from engineering to final commissioning."


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