BAM to Build Aqaba New LNG Terminal (Jordan)

Business & Finance

BAM to Build Aqaba New LNG Terminal (Jordan)

Aqaba Development Corporation (ADC) has awarded BAM International, the operating company of Royal BAM Group active outside of Europe, a design and construct contract to build the Aqaba New Liquefied Natural Gas (LNG) Terminal, 18 kilometres south of Aqaba.

The contract value is approximately €47 million. The contract includes the design and construction of an LNG jetty with approach trestle, including the mechanical, engineering and piping services. BAM International and its local joint venture partner MAG Engineering & Contracting Co. will complete this project in 15 months. The civil works are designed by BAM’s engineering company DMC.

The LNG Terminal forms part of ADC’s plan for developing Aqaba’s Energy Ports. The Government has tasked ADC to develop Jordan’s energy intake capabilities to ensure a consistent supply of energy fuels such as oil, LNG and LPG.

BAM has recently completed the extension of Aqaba Container Terminal (for APMT and ADC) just north of this new LNG Terminal, a key development in Jordan. More south BAM is currently building the quay wall (scheduled for completion early 2014) for the Aqaba New Port project, a second port in line with the country’s economic master plan.

[mappress]

BAM, November 4, 2013