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Freeport liquefaction contracts for CB&I

LNG Industry,

CB&I has announced that the joint venture between CB&I and Zachry Industrial, Inc. has been awarded contracts for the Freeport liquefied natural gas (LNG) project. The two contracts, each valued at approximately US$ 2.5 billion, have been awarded by FLNG Liquefaction and FLNG Liquefaction 2 in order to construct the first two trains of the Freeport liquefaction facility.

The project scope includes engineering, procurement and construction for the conversion of an existing LNG regasification terminal in Freeport, Texas, to an LNG liquefaction terminal. The two train LNG liquefaction facility will have a total capacity in excess of 8.8 million tpa of LNG.

In 2012, CB&I and Zachry were contracted to provide front-end engineering and design (FEED) on the liquefaction terminal. The new contract includes a limited notice to proceed on engineering and procurement services while the project awaits final approvals from the government.

CB&I CEO, Philip Asherman, commented: "Backed by more than 50 years of experience in the LNG industry, CB&I has a long history of successfully executing LNG projects all over the world. This new award builds on our strong presence in the US Gulf Coast, where we have a proven track record for outstanding project execution and superior safety performance."

Adapted from press release by Katie Woodward

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