JGC Corporation has been awarded a lump-sum turnkey contract from Japan Petroleum Exploration Co., Ltd. (JAPEX) for the engineering, procurement, and construction (EPC) work associated with an LNG receiving terminal in Soma, Fukushima Prefecture, Japan.
JGC will carry out all the EPC work for the project, excluding work on the LNG tanks and jetty. The project is scheduled for completion in November 2017. The value of the contract was not disclosed.
Recently, demand for LNG has been increasing in the Tohoku region, and this project has been planned by the client to meet that demand. The receiving terminal consists of an LNG tank, a dock for ocean-going ships, a shipping facility for coastal ships, an LNG vaporisation facility, a shipping facility for tank lorries, and associated utilities.
JGC has been involved in the construction of LNG plants around the world, accounting for more than 30% of global production capacity. JGC has also constructed many LNG receiving terminals in Japan, including one in Hachinohe, Aomori Prefecture, construction of which is currently in progress.
LNG currently accounts for 25% of Japan's energy mix, and demand is expected to continue rising.
Adapted from press release by Katie Woodward
Read the article online at: https://www.lngindustry.com/regasification/02102014/jgc-wins-epc-contract-for-lng-terminal-1523/