Monday, May 26, 2014

Technip Receives New LNG Plant Contract In China - Quick Facts

French oilfield services provider Technip SA (TNHPF.PK,TKPPY.PK) Monday announced that it has received an engineering, procurement and technical assistance contract by Fengzhen Wanjie Gas Co. Ltd. for a liquefied natural gas or LNG plant in Fengzhen City, Inner Mongolia Province, China.

The LNG plant will be based on an Air Products liquefaction process. The plant will consist of 1.3 million Nm3/day LNG train (0.35 Mtpa)and a 0.3 million Nm3/day Compressed Natural Gas or CNG station.

Technip noted that the contract covers basic engineering design or BED of the process plant, BED and detailed engineering design of a LNG tank, procurement of key equipment such as the main cryogenic heat exchanger, mixed refrigerant compressor, boil-off gas compressor, LNG in-tank pumps, cryogenic control and on-off valves.

The company said its operating centers in Shanghai, China, and Kuala Lumpur, Malaysia, will execute the contract with plant start-up scheduled for the second half of 2016.

KK Lim, President of Technip in Asia Pacific, said, "This contract award is another success for us in the growing mid-scale LNG market in China. I am delighted that Technip remains as the contractor of choice while we continue to bring our extensive knowledge in LNG to our clients."

No comments:

Post a Comment