Monday, July 28, 2008

Hopefuls queue up for Singapore LNG

Contractors are lining up for the main engineering and construction package on Singapore’s maiden liquefied natural gas import terminal, with seven consortia set to move into the penultimate round.

According to contracting sources, about seven teams have already been pre-qualified for the 3 million tonnes per annum project being developed by Singapore Power subsidiary PowerGas. Four consortia known to be in the race include KBR and Samsung Corporation, with Kogas Technology on board for the storage tanks; Korean outfits SK Gas and LG with Whessoe Oil & Gas; Technip with Daewoo; and Saipem with India’s Punj-Lloyd and local outfit Sembcorp. Other industry names said to be involved could include US-based CB&I and Japan’s TKK. It is possible that last month’s deal, which brought in European utility Gaz de France as a minority partner in the project, could open the way for French contracting input. However, three names understood to have stayed out of the contest are IHI, Chiyoda and Foster-Wheeler.
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