KTJV selected for LNG project

Under the terms of the agreement, KTJV will provide high-end engineering, procurement, construction management, construction, commissioning, start-up and other related services, subject to Lake Charles LNG's decision to issue a notice to proceed for the project.

The project would transform Energy Transfer's existing import facility into a world-class LNG export facility to meet the world's growing LNG and energy security demands. This conversion would include the delivery of three liquefaction trains and modifications to existing storage and dock facilities designed to enable the export of 16.45 tpy of LNG.

"KBR is proud to work with Energy Transfer and Lake Charles LNG to support the development of this world-class LNG facility alongside our joint venture partner," said Stuart Bradie, KBR President and CEO. "Lake Charles LNG will help bolster global energy security and it will be designed to be one of the most efficient and cleanest operating facilities in the United States.”

Tom Mason, President of Lake Charles LNG, said: "The structure of the contract provides alignment between KTJV and Lake Charles LNG to achieve a high-quality, cost-effective project. Our determination to issue a notice to proceed under the contract will be subject to making a final investment decision to proceed with the project, which will be based upon obtaining commercial offtake commitments and third-part equity sufficient to satisfy our internal objectives.”

Read the article online at: https://www.tanksterminals.com/terminals/20092024/ktjv-selected-for-lng-project/