CTCI contracted to build LNG plants in China and India.
Yu Chun-yen, chairman of CTCI, said the orders from China and India show Taiwan can export engineering services and LNG-plant construction technologies, which will also help expand business opportunities for domestic manufacturers of steel pipes and accessories.
CTCI said it will build the Kochi LNG plant for Petronet LNG Co., India's leading supplier of LNG, including a receiving station but excluding piers and storage tanks.
The contract between CTCI and Petronet requires the whole project to be competed in May 2012.
In China, CTCI will build a LNG plant in Yongshan port of Shanghai, including a pier, three storage tanks and a receiving station. Already under construction, the LNG plant will come online sometime in October this year.
In the past, CPC had to rely on NKK Co. and MHI Co. of Japan to construct LNG receiving station in Yungan of Kaohsiung County. With the orders from China and India, CTCI proves it is the first in Taiwan capable of building LNG plants.
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|Title Annotation:||CTCI Corporation plans on constructing liquefied natural gas plants|
|Publication:||The Taiwan Economic News|
|Article Type:||Brief article|
|Date:||Jul 16, 2009|
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