LNG facility contract for CB&I JV

Engineering company, CB&I, announced that its joint venture with Chiyoda International Corporation, a US-based wholly owned subsidiary of Chiyoda Corporation, and Zachry Industrial, a Zachry Group company, secured a USD 2B contract by FLNG Liquefaction 3 (Freeport LNG). The contract is for the engineering, procurement and construction of the third train of the three-train natural gas liquefaction and export facility on Quintana Island, near Freeport, Texas. The scope of work also includes a double-walled, full-containment 165,000m3 (gross) liquefied natural gas (LNG) storage tank, which will be supplied by CB&I.

Upon completion, the three-train LNG liquefaction facility will have a total capacity in excess of 13.9 million tons per year of LNG. CB&I and Zachry began construction on trains one and two in November 2014, supported by Chiyoda. “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”, said Philip K. Asherman, CB&I’s president and CEO. “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.”

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