Samsung C&T Corporation signed a major engineering, procurement, and construction (EPC) contract for the expansion of the LNG storage and loading facilities located within Ras Laffan Industrial City as part of the North Field East (NFE) Project by Qatar Petroleum.
The value of contract is more than 2 billion dollars (including options), was awarded on a lump sum basis and is the second major onshore EPC contract award for the NFE project.
Project scope includes three LNG tanks and three LNG loading berths for NFE, and options for two LNG tanks and one LNG berth for NFS project, and all associated pipes, lines and loading lines.
Earlier, during February 2021, QP awarded the EPC contract for the construction of four LNG mega-trains with associated facilities to Chiyoda Technip Joint Venture. (read more)
Both contracts represent the culmination of front-end engineering and design work that began in early 2018.
When completed, the NFE Project will increase the State of Qatar’s LNG production capacity from 77 million to 110 tons per annum (MTPA). The second phase of the planned LNG expansion, the North Field South (NFS) Project, will further increase Qatar’s LNG production capacity from 110 MTPA to 126 MTPA by 2027.
This contract provides for the expansion of existing infrastructure required to ensure the safe loading and on-time delivery of LNG cargoes to international customers across the globe, statement said.
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