CB&I to build LNG storage tank for AG&P in the Philippines

McDermott International informed that its CB&I Storage Solutions business has secured a contract on an LNG import facility in Batangas, Philippines.

The contract has been awarded by Atlantic Gulf and Pacific Company (AG&P). It is for the engineering, procurement and construction of a liquefied natural gas (LNG) storage tank for AG&P’s Philippines LNG import and regasification terminal.

CB&I Storage Solutions will provide the first of two 60,000 cubic meter full containment steel LNG tanks along with geotechnical investigation, soil improvement, foundation and topside platform structure, pre-commissioning, purging and commissioning activities.

Commenting on the contract, CB&I Storage Solutions senior vice president, Cesar Canals said it is the first of a kind full containment steel LNG tank.

He added it positions “CB&I Storage Solutions to serve the growing small-scale LNG market in Asia and other regions with similar demands.”

Mechanical completion is slated for the third quarter of 2023 with purging and commissioning activities to follow.

To remind, AG&P secured the permit to build the facility at the end of March.

The facility will have an initial capacity of up to 3 mtpa of regasified LNG. It will also feature a scalable onshore regasification capacity of 420 mmscfd and almost 200,000-cbm of storage.