Eric Watkins
Senior Correspondent
LOS ANGELES, Dec 21 -- A joint venture of France's Technip SA and Japan's Chiyoda Corp. has won a $4 billion contract to build two LNG trains in Qatar.
The venture will conduct engineering, procurement, and construction of Trains 6 and 7 at the Qatargas plant in Ras Laffan.
Qatargas III, a joint venture of Qatar Petroleum (QP, 68.5%), ConocoPhillips (30%), and Mitsui & Co. Ltd. (1.5%), owns Train 6, which is to begin production in 2009 (OGJ Online, May 3, 2005).
Qatargas IV, a joint venture of QP (70%) and Royal Dutch Shell PLC (30%), owns Train 7, production from which is expected to start up at yearend 2010.
The trains each will have a production capacity of 7.8 million tonnes/year, with the output largely to be sold to the US.
Contact Eric Watkins at [email protected].
