French-Asian firms reveal LNG contract in Canada

May 22, 2013

A consortium comprising French, South Korean and Chinese companies has won a contract for a liquefied natural gas project in Canada, the French partner Technip said on Wednesday.

The other partners are Samsung of South Korea and Huanqiu of China.

The value of the contract was not divulged.

(LNG) is a rapidly growing component of the energy sector, in large part owing to the boom in exploitation of and gas in North America.

But production and transportation requires big investment in installations including , shipping terminals and gas-tanker ships.

The project, to be based on Lelu island in British Colombia, concerns engineering for an LNG facility.

The installation would comprise two LNG lines capable of producing 6.0 million tonnes of LNG per year, the processing units, marine facilities and jetties, buildings and power station equipment.

will manage the production lines and the marine facilities.

The project is due to be completed in the second half of next year, Technip said in a statement.

lo/hd/lc

Explore further: Big box stores could ditch the grid, use natural gas fuel cells instead

add to favorites email to friend print save as pdf

Related Stories

Will natural gas exports raise prices for consumers?

Mar 13, 2013

How much of the United States' newfound bounty of natural gas should stay at home, keeping prices low for domestic customers? How much should be earmarked for export in the form of liquefied natural gas (LNG), ...

Technip wins North Sea underwater contract

Mar 26, 2012

French oil services group Technip announced Monday it had secured a contract worth about 600 million euros ($795 million) to refurbish and develop oil installations in the North Sea.

Great Barrier Reef heading for danger: UNESCO

Jun 02, 2012

UNESCO on Saturday urged decisive action from Australia to protect the Great Barrier Reef from a gas and mining boom, warning it risked being put on its list of world heritage sites deemed "in danger".

Recommended for you

Why your laptop battery won't kill you

Mar 03, 2015

News on Tuesday that major U.S. airlines are no longer going to ship powerful lithium-ion batteries might lead some to fret about the safety of their personal electronic devices.

New incubator network to help clean-energy entrepreneurs

Mar 03, 2015

The Energy Department's National Renewable Energy Laboratory (NREL) and the Electric Power Research Institute (EPRI) have launched the Clean Energy Incubator Network. The program, funded by the Energy Department, aims to ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.