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CB&I, others win LNG facility contract

Mar. 26, 2015 8:43 AM ETChiyoda Corporation (CHYCF) StockCBI, CHYCFBy: Yoel Minkoff, SA News Editor6 Comments
  • A joint venture between CB&I (NYSE:CBI), Chiyoda International (OTCPK:CHYCF), and Zachry Industrial has been awarded a contract by FLNG Liquefaction 3, valued in excess of $2B, for the construction of the third train of a natural gas liquefaction and export facility in Texas.
  • The work includes a double-walled, full-containment 165K cubic meter LNG storage tank, which will be supplied by CB&I.
  • Upon completion, the three-train LNG liquefaction facility will have a total  LNG capacity in excess of 13.9M tons per year.

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