CB&I awarded storage tank contract by Venture Global LNG

THE WOODLANDS, Texas — CB&I announced it has been awarded a contract valued at nearly $200 MM by Venture Global LNG, a US-based LNG export company, for the engineering, procurement and construction of two LNG storage tanks for the company's Calcasieu Pass export facility located in Southwest Louisiana.

Courtesy of Venture Global.

Venture Global's Calcasieu Pass is expected to produce 10.0 MMtpy of cost-competitive LNG supply. The facility's design will use a liquefaction system with 18 mid-scale modular trains driven by electric motors to achieve optimum efficiency and reliability. CB&I will provide, on a turn-key basis, two single-containment LNG storage tanks. Construction of the tanks is expected to begin in 2018.

"CB&I has an established track record of successfully executing LNG storage projects both in the US Gulf Coast region and around the world," said Luke V. Scorsone, Executive Vice President of CB&I's Fabrication Services operating group. "Our ability to deliver certainty of outcome provides Venture Global with a cost-effective, low-risk solution for the Calcasieu Pass facility."

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