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PNG LNG Project approves Chiyoda / JGC contract

Chiyoda Corp and JGC Corp, both Japan's leading engineering and construction firms, jointly announced that Esso Highlands Ltd, operator of the PNG LNG Project, has approved an engineering, procurement and construction ("EPC") contract award to a joint venture of Chiyoda and JGC, pending final project authorizations.

The scope of the work is for a 6.6 million tonnes per annum (MTPA) LNG plant, with two 3.3 million trains, including facilities for inlet processing, treating, liquefaction, storage, and loading. It is estimated that peak employment levels for the plant construction will be 8500 workers.

Chiyoda and JGC formed a joint venture for this project under which the two aim to efficiently execute the project, combining their proven technologies and accumulated management experiences with LNG projects. The joint venture is under Chiyoda's leadership.



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