The KTJV joint venture between Technip Energies and KBR has been selected for a major Engineering, Procurement, Fabrication and Construction (EPFC) project by Lake Charles LNG.
Subject to Lake Charles LNG making a final investment decision to proceed, this project will convert the existing Lake Charles LNG import and regasification terminal on the US Gulf Coast into an LNG export terminal.
When the conversion is complete, the liquefaction terminal will be among the largest LNG terminals in the US.
The award covers a new 16.45 Mtpa LNG export facility, including three 5.5 Mtpa modular LNG trains, brownfield modification to LNG storage, along with procurement, transportation, fabrication, installation, commissioning, and startup of the terminal.
The project, which will add 240 acres to Lake Charles LNG’s overall footprint, would create around 5,000 jobs during construction.
Arnaud Pieton, CEO of Technip Energies, said the project will highlight its leadership in modularised LNG and strategic commitment to the market, and play a critical role in expanding the global energy supply.
Tom Mason, President of Lake Charles LNG, said the structure of the contract provides alignment between KTJV and Lake Charles LNG to achieve a cost-effective project.
He said, “Our determination to issue a notice to proceed under the contract will be subject to our making a final investment decision to proceed with the project, which will be based on obtaining sufficient commercial offtake commitments and third-party equity to satisfy our internal objectives.”
