CB&I Awarded Contract for Temple LNG Expansion Project.THE WOODLANDS, Texas -- CB&I (NYSE NYSE See: New York Stock Exchange :CBI CBI abbr. cumulative book index CBI Confederation of British Industry CBI n abbr (= Confederation of British Industry) → C.E.O.E. ) has been awarded a contract in excess of US$100 million by UGI UGI abbr. upper gastrointestinal (as in series) LNG LNG (liquefied natural gas): see under natural gas. , Inc. to engineer, procure and construct the expansion of the Temple LNG peak shaving facility near Reading, Pennsylvania. CB&I's work scope includes the addition of a new 50,000 cubic meter liquefied natural gas liquefied natural gas: see under natural gas. Liquefied natural gas (LNG) A product of natural gas which consists primarily of methane. Its properties are those of liquid methane, slightly modified by minor constituents. storage tank and related processing facilities designed to provide 150 million cubic feet of natural gas per day during peak demand periods. The Temple LNG expansion will connect directly into the Texas Eastern pipeline Texas Eastern Pipeline (TETCo) is a major natural gas pipeline which brings gas from the Gulf of Mexico coast in Texas as Louisiana up through Mississippi, Arkansas, Tennessee, Missouri, Kentucky, Illinois, Indiana, Ohio, and Pennsylvania to deliver gas in the New York City area. to provide gas supplies for the Mid-Atlantic and northeast markets. About UGI UGI LNG, a wholly-owned subsidiary of UGI Energy Services, Inc. (UGIES), owns and operates liquefied natural gas storage facilities in Pennsylvania. UGIES markets natural gas on thirty local distribution companies on the East Coast, owns natural gas peaking facilities, and actively manages a portfolio of natural gas transportation and storage assets. UGIES also owns and operates electric generation plants, as well as a major refrigerated propane import facility. UGIES is a wholly-owned subsidiary of UGI Corporation (NYSE:UGI), a holding company with propane marketing, utility and energy marketing subsidiaries. UGI and its family of companies have been in the LNG business for over thirty years. Through subsidiaries, UGI owns 44% of AmeriGas Partners, L.P. (NYSE:APU APU Azusa Pacific University APU Auxiliary Power Unit APU Alaska Pacific University APU Asia Pacific University (Japan) APU American Public University APU Anglia Polytechnic University (Chelmsford) ), the nation's largest retail propane marketer. About CB&I CB&I designs, engineers and constructs some of the world's largest energy infrastructure projects, providing a full spectrum of EPC solutions and proven process technologies. Drawing upon more than a century of experience and the expertise of approximately 17,000 employees worldwide, CB&I safely and reliably executes more than 600 projects a year through its three business sectors: CB&I Lummus builds upstream and downstream oil & gas projects, LNG liquefaction liquefaction, change of a substance from the solid or the gaseous state to the liquid state. Since the different states of matter correspond to different amounts of energy of the molecules making up the substance, energy in the form of heat must either be supplied to and regasification terminals, and a wide range of other energy related projects; CB&I Steel Plate Structures designs, fabricates and constructs storage tanks and containment vessels and their associated systems for the oil & gas, water & wastewater, mining and nuclear industries; Lummus Technology capitalizes on more than 1,500 patents and patent applications to provide process technologies and catalysts for petrochemical facilities, oil refineries and gas processing plants. For more information, visit www.CBI.com or access technical details at Lummus Technology Fact Sheets. If you would like to be added to CB&I's news release email distribution list, visit www.cbi.com/ir/news.htm. |
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