BAM International is the operating company of Royal BAM Group active outside of Europe. The mobilisation and construction works being executed by BAM and its partners for the terminal expansion have commenced, and BAM is expecting to complete the project in Autumn 2020.
According to the statement, the project is valued at €95 million, with BAM’s share amounting to 50%, and JJM and Manson covering the remaining 50%. BAM initially announced this contract in October 2017, ahead of final confirmation by LNG Canada.
LNG Canada has agreed to extend the existing BC Works Terminal A in exchange for their Terminal B, which handles exports of finished products for Rio Tinto’s on going operations. The location of Terminal B coincides with LNG Canada’s LNG export terminal in Kitimat, British Columbia (B.C.).
The project will comprise a terminal measuring 320 x 60 m for the Rio Tinto BC Works, as well as a berth for cargo barges. Both elements will be constructed on over 400 steel piles, with a concrete deck of approximately 20 000 m3.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/08112018/bam-commences-joint-venture-contract-for-lng-terminal/
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