GS E&C of South Korea Nabs Boryeong LNG Terminal Contract

GS Engineering & Construction (GS E&C) of South Korea secured a 411 billion won ($371.39 million) order to construct an LNG terminal in Boryeong, South Korea.

GS E&C said in a filling to the stock exchange that the Boryeong LNG project will be completed by the end of 2016.

The company has already worked on several LNG terminal projects like the PTT LNG terminal project in Thailand, as well as LNG terminal at Tongyoung and Incheon in Korea.

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LNG World News Staff, May 15, 2013; Image: GS E&C