Eric Watkins
Senior Correspondent
LOS ANGELES, Apr. 10 -- India's Oil & Natural Gas Corp. has awarded Toyo Engineering Corp. a ¥20 billion order for the construction of an NGL extraction plant at Dahej in Gujarat state.
On start-up in mid-2008, the plant will extract liquids for use as petrochemical feedstock from LNG from Petronet LNG Ltd.'s nearby 5 million tonnes/year terminal.
The contract, awarded jointly with Toyo Engineering India Ltd. (Toyo India), covers design and construction as well as materials and equipment procurement.
In January, Petronet awarded a ¥30 billion contract to a joint venture of Toyo Engineering Corp., Ishikawajima-Harima Heavy Industries Co., Itochu Corp., and Mitsui & Co. to double capacity of the Dahej LNG terminal (OGJ, Jan. 16, Newsletter).
Contact Eric Watkins at [email protected].
