French-Asian firms reveal LNG contract in Canada

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

Will natural gas exports raise prices for consumers?

© 2013 AFP

Citation: French-Asian firms reveal LNG contract in Canada (2013, May 22) retrieved 20 February 2020 from https://phys.org/news/2013-05-french-asian-firms-reveal-lng-canada.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
0 shares

Feedback to editors

User comments