NEWS
CB&I wins $100m Canadian LNG contract
Houston, Aug 23 (LNG journal)
- CB&I, one of the world's leading engineering, procurement and construction (EPC) companies, said Tuesday it was awarded a lump-sum turnkey contract valued at more than $100 million for the design and construction of storage tanks for a new Canadian liquefied natural gas import.
The terminal, near Port Hawkesbury on Cape Breton , Nova Scotia, will be owned and operated by Bear Head LNG Corp., a subsidiary of Anadarko Petroleum Corp. of The Woodlands, Texas .
The Bear Head LNG project is designed to meet the growing demand for natural gas in markets in eastern Canada and the US Northeast. The project involves the construction and operation of an approximately 7.5 million tons per annum capacity LNG terminal with a sendout capacity of 1 billion standard cubic feet per day.
First gas deliveries through the Bear Head terminal are targeted for late 2008.
CB&I's work scope for the project includes the turnkey engineering, procurement and construction of two 180,000 cubic meter LNG storage tanks, including foundations, insulation, paint and piping to grade. Engineering and procurement activity for the project is under way.
"We are very pleased to partner with Anadarko on this significant development," said Gerald M. Glenn, CB&I's Chief Executive."The Bear Head project will be Canada 's first LNG import terminal and will provide an important new source of clean energy."
