Magnolia LNG EPC contract extended
Published by Will Owen,
Editor
LNG Industry,
LNG Limited has extended the validity period of its current binding engineering, procurement, and construction (EPC) contract with KSJV (a KBR – SKE&C joint venture led by KBR) for its 100% owned subsidiary, Magnolia LNG, LLC.
The binding lump sum turnkey (LSTK) EPC US$4.354 billion contract is now valid through 31 December 2018.
The initial agreement with KSJV was signed on 16 November 2015 with an installed capacity EPC cost/tonne range of US$495 to US$544 based on final design at final investment decision (FID).
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/18062018/magnolia-lng-epc-contract-extended/
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