The fixed lump sum contract encompasses the engineering, procurement and fabrication of four Ammonia Tanks and nine CB&I storage tanks.
The site can accommodate in excess of 10 million bbls of bulk liquids storage, as well as a full unit train solution.
Onsite work is scheduled to commence in the first quarter of 2019 with completion scheduled for the third quarter of 2020.
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Ute Forstner and Wilfried Kleiser, Siemens, Germany, discuss the impact that digitalisation is set to have on the tank storage industry.
The FSRU assigned to the project is expected to generate annual EBITDA of between US$29 million and US$31 million.