Regional LNG: CB&I awarded contract for Fujian LNG expansion project

Texas-based EPC firm reported on Wednesday it has been awarded a contract for an LNG import terminal expansion project in Fujian Province, China, by CNOOC Fujian LNG Co. Ltd.

The contract value is confidential.

CB&I?s scope of work includes engineering, procurement and construction of two additional 160,000 cubic meter full containment LNG storage tanks.

The project is scheduled to be completed in 2011.

?This award follows CB&I?s successful completion of the first phase of the Fujian import terminal and demonstrates CNOOC?s confidence in our capabilities,? said Philip K. Asherman, President and CEO. ?Fujian LNG is helping China meet its increasing demand for natural gas.?

The initial phase of the LNG terminal, which has a capacity of 2.6 million tonnes of LNG per year and includes two 160,000 cubic meter LNG storage tanks, received first gas in April 2008.

Fujian terminal will receive 2.6MTPA LNG supply under long-term contract with BP-operated Tangguh LNG project starting this year.(alex)