USA: Freeport LNG, Zachry/CB&I JV Ink FEED Contract for Liquefaction

Freeport LNG and a joint venture comprised of Zachry Industrial and CB&I entered into a Front-End Engineering and Design Contract for the engineering and design of the Freeport Liquefaction Project near Freeport, Texas.

Under the FEED Contract, the Zachry/CB&I Joint Venture will engineer and design three LNG liquefaction trains (each rated at 4.4 million tons per year) and corresponding pretreatment facilities to be located near the existing Freeport LNG Regasification Terminal that is owned and operated by Freeport LNG’s parent company, Freeport LNG Development.

Within the three-train design, the Zachry/CB&I Joint Venture will develop a fixed price/fixed schedule proposal for both a one-train initial development and a two-train initial development.

This optionality will provide Freeport LNG with the ability to choose the optimum size of the initial phase of the project based upon customer demand and financing considerations.

In addition, the design of the three-train project will allow for the efficient expansion of additional liquefaction train(s) and pretreatment facilities after the initial development has commenced.

[mappress]

LNG World News Staff, February 16, 2012