CB&I has congratulated the Cameron liquefaction project sponsors for approving a final investment decision (FID) for the development, construction and operation of the LNG export project planned in Hackberry, Louisiana.
Project sponsors
The sponsors are Sempra LNG, GDF Suez, Mitsui & Co., Ltd. and Mitsubishi Corporation through a related company jointly established with Nippon Yusen Kabushiki Kaisha.
The three-train natural gas liquefaction facilities will have an export capability of 12 million tpa of LNG, or approximately 1.7 billion ft3/d. Subject to final regulatory approval, satisfaction of conditions of the initial equity funding and first disbursement of the financing, construction on the project is expected to begin by the end of 2014. All three trains are expected to commence operations during 2018, with the first full year of operations in 2019.
Comments
"CCJV, a joint venture contractor of CB&I and Chiyoda International Corporation for the project, congratulates Sempra and the Cameron liquefaction project sponsors on the approval of the final investment decision. This decision is a significant milestone for the Cameron liquefaction project and we look forward to starting construction on the project soon," commented Patrick K. Mullen, President of CB&I's Engineering, Construction and Maintenance operating group.
Adapted from press release by Katie Woodward