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/
You might also like
Keep liquefaction running smoothly with Panametrics
Accurate flow rate measurement during LNG liquefaction is essential. But how do you know if your flow meter can handle potential pressure drops, temperature changes, and the extreme conditions of the cryogenic process? Download Panametrics’ new case study to learn how its flow meters can deliver extremely accurate LNG flow measurements.