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IHI awarded LNG tank contract

LNG Industry,

IHI has been awarded an EPC (Engineering, Procurement and Construction) contract to build two of India’s largest liquefied natural gas (LNG) storage tanks at the Dahej LNG terminal in Gujarat, by Petronet LNG Limited.

The two tanks will each have a storage capacity of 170 000 m3 and construction is expected to be completed in 2016. IHI has already built four 148 000 m3 LNG storage tanks at the Dahej LNG terminal, as well as two 155 000 m3 tanks at Kochi LNG terminal in Kerala, all for Petronet. The company has additionally been awarded an EPC contract for two storage tanks by GSPC LNG Limited, bringing IHI’s share of LNG storage tanks in India to over 70%.

Indian demand
As worldwide demand for LNG continues to grow, India looks set to play a major role in the total increase in LNG demands. Plans for several LNG terminals are currently under development in India to fulfil the vast energy demand.

IHI has over 130 construction experiences worldwide in LNG storage tanks projects, since constructing the first LNG storage tank in Japan.

Adapted from press release by Katie Woodward

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