JGC and Joint Venture Partners Awarded Egyptian LNG Project

abarrelfullabarrelfull wrote on 09 Feb 2013 08:40

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20th DEC 2001

JGC, with its joint venture partners KBR and the Spanish engineering Tecnicas Reunidas SA, has won the lump-sum turnkey contract for an LNG project in Damietta, Egypt. The project was planned by Union Fenosa, a Spanish power company, and the contractor is Spanish-Egyptian Gas Company (SEGAS). JGC's share of the billion-dollar contract is approximately 40 billion yen. Delivery is scheduled for December 2004. The joint venture is to provide engineering, procurement, construction and commissioning assistance services for the overall LNG production facilities.

The project calls for an LNG plant- the first its kind built in Egypt -to supply alternate LNG fuels to Union Fenosa's thermal power generation plant. The raw material for the LNG plant is natural gas supplied by the Egyptian General Petroleum Corporation (EGPC).

Facilities to be constructed include natural gas liquefaction plant (5 million ton/year ), gas treatment units, storage tanks, offsite utilities, and loading facilities. In addition to being the world's largest capacity LNG plant at 5 million t/y, the project is significant as the first LNG project for Egypt.

Plans for a second train as well as other large capacity LNG plant projects are expected to materialize in the near future. The project will give JGC the opportunity to demonstrate its performance excellence, while opening doors to future projects.

As LNG projects form the core business in the hydrocarbon sector, JGC is proud to have played a major role in these projects, equivalent to 40% of world output in terms of volume. In 2001, LNG contracts awarded to JGC included the Woodside LNG expansion project in Australia and an LNG expansion project in Nigeria.

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