JGC and Fluor JV selected as the EPC contractor for LNG Plant in Canada
Yokohama, Japan - JGC Corporation announced today that a joint venture (JV) between the JGC and Fluor Corporation (Fluor) has been selected by LNG Canada as the engineering, procurement and construction (EPC) contractor for the proposed LNG export terminal to be built in Kitimat, British Columbia, Canada. The facility will initially consist of two LNG processing units, referred to as trains, each with the capacity to produce at least 6.5 million tons per annum (mtpa) of LNG per train. The project includes the option to expand to four trains in the future.
LNG Canada is a joint venture comprised of Shell Canada Energy (50%), an affiliate of Royal Dutch Shell plc, and affiliates of PetroChina (20%), Korea Gas Corporation (15%) and Mitsubishi Corporation (15%).
LNG Canada selected the JGC and Fluor based on the JV’s demonstrated capacity in health and safety management, and competitive financial strength, technical design, execution plans, contract price and schedule. The EPC lump-sum contract will be issued conditional on LNG Canada making a final investment decision in 2018. The contract value and schedule for completion will not be disclosed.
The JV between JGC and Fluor has been established to execute the project, leveraging JGC’s extensive experience of LNG projects worldwide, as well as Fluor’s expertise accumulated from its outstanding track record of mega-sized projects performed in North America.
JGC involvement in LNG projects accounts for 30% of LNG production globally and the company is presently executing several LNG projects in various parts of the world. As a leading contractor for LNG plants, JGC will continue to actively pursue the development of business activities aimed at contributing to LNG projects to be realized in the future.
At CERAWeek by IHS Markit, held in Houston in March, IEA Director Fatih Birol said that the world would soon see a major second wave of shale gas production from the US in response to higher energy prices and growing demand from India and China.
Mozambique and Tanzania hold an estimated 180 Tft3 and 57 Tft3 of proven natural gas reserves, respectively.
Maximize Profitability with Advanced Analytics at Natural Gas Processing Plants
Incorporating economic data into process modeling is key to optimizing operations and maximizing profits at gas processing plants. However, maintaining optimal operations are often challenging due to changing market dynamics, contract structures and increasing process flexibility. Today, gas processors are leveraging Predictive Control and First Principles models to accurately determine and control the optimal operating targets in real time based on the most current plant conditions and profitability, optimizing recovery of natural gas liquids. Learn how real-time analytics, combined with decision support tools, empower companies to:
•Improve processing margins by up to 5%
•Maximize NGL production through improved availability and optimized process conditions
•Improve compositional control to operate closer to product specifications
May 22, 2018 10am CDT