LNG Limited extends Magnolia LNG EPC contract
Published by David Rowlands,
Editor
LNG Industry,
The binding lump sum turnkey (LSTK) EPC contract is now valid though 31 December 2017. KSJV is a joint venture (JV) between SKE&C and KBR, which is led by KBR.
The Managing Director and CEO of LNG Limited, Greg Vesey, said: “The extension of our agreement with KBR-SK E&C provides us with additional confidence as we focus on finalising offtake agreements and moving toward a final investment decision (FID) for Magnolia, while we also maintain Magnolia’s standing as the low cost, low risk, construction ready Gulf Coast LNG export project.”
Read the article online at: https://www.lngindustry.com/liquefaction/13062017/lng-limited-extends-magnolia-lng-epc-contract/
You might also like
Mayer Brown advises DET on new LNG regasification capacities
Mayer Brown has advised Deutsche Energy Terminal GmbH on terminal use agreements and capacity auctions for LNG regasification capacity at its FSRU-based terminals in Wilhelmshaven and Brunsbüttel.