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LNG Terminal Contract to Aker Kvaerner/ IHI Consortium
The Cameron development is the first new onshore LNG terminal that has been granted a Federal Energy Regulatory Commission (FERC) permit in the USA in over twenty years. The USD 700 million facility, scheduled to begin commercial operation in 2008 will process 1.5 billion cubic feet of gas per day and is an important part of Sempra LNG's strategy. Aker Kvaerner Inc. and IHI Inc. are the contract parties responsible for delivering the project. Find out more about Search for more Aker Kvaerner News Posted 11/01/05 |
Sempra Energy has awarded the Aker Kvaerner and Ishikawajima-Harima Heavy Industries (IHI) consortium (AK/IHI) a contract for the engineering, procurement and construction of the Cameron LNG regasification terminal in Louisiana, USA. The contract value is approximately USD 500 million and the project will run for three and one half years from start of construction to operation start up in 2008. Engineering will take place primarily in Houston and involve approximately 125 personnel from both companies.