Chiyoda, French Firm Technip Jointly Win 500 Billion Yen LNG Plant Project in Qatar.Tokyo, Japan, Dec 22, 2005 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) ) - CMajor Japanese integrated contractor and French oil and gas engineering company Technip have signed an engineering, procurement and construction (2) (Electronic Product Code) A standard code for RFID tags administered by EPCglobal Inc. (www.epcglobalinc.org). ) contract with Qatar Liquefied Gas Company Limited 3 and 4 for large-scale 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. (LNG) plant construction in Qatar. Chiyoda has already performed front end engineering and design (FEED) work for this project. The contract is valued at around 500 billion yen ($4.3 bil). Under this contract, Chiyoda/Technip Joint Venture (CTJV CTJV Chiyoda Technip Joint Venture ) will build two trains (Trains 6 and 7), each of which will have an annual LNG production capacity of 7.8 million tons, the world largest, at the Qatargas Plant in Ras Laffan City. Gases produced at Trains 6 and 7 are scheduled to be supplied to North America, beginning in 2009 and in late 2010, respectively. CTJV has been undertaking construction of six LNG trains, including the latest contract, which will help Qatar become the world's largest LNG exporting country. Copyright [c] 2005 Japan Corporate News Network. All rights reserved. |
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