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KBR wins $4.35B contract for Louisiana liquefied natural gas project

Nov. 16, 2015 8:00 AM ETKBR, Inc. (KBR) StockKBRBy: Carl Surran, SA News Editor
  • A KBR-led consortium is awarded an engineering, procurement and construction contract by Australia-based Magnolia LNG for a liquefied natural gas facility at Lake Charles, La.
  • The contract, valued at $4.35B, covers the detailed engineering, procurement and construction of four LNG production trains each with design capacity of 2M metric tons/year, two 160K LNG storage tanks, LNG marine and ship loading facilities, and supporting infrastructure.
  • Magnolia LNG received a favorable final environmental impact statement from the FERC for the project last week.

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