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Article: Chiyoda-Foster Wheeler and Co. LLC will build US $1 billion liquefied natural gas plant in Oman.
- Article from:
- Business Wire
- Article date:
- November 14, 1996
CopyrightCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CLINTON, N.J.--(BUSINESS WIRE)--Nov. 14, 1996--Oman LNG L.L.C. (OLNG) and Chiyoda-Foster Wheeler and Co. LLC today signed an engineering, procurement and construction agreement to build a liquefied natural gas (LNG) plant at Al-Ghalilah, Oman.
The contract is valued in excess of US$ 1 billion and will be operational early in the year 2000.
The signing of the agreement follows quickly on the signing of the sale and purchase agreement between Oman LNG and Korea Gas Corp. covering the sale and purchase of 4.1 million tons a year of LNG at plateau.
T. Hoshino, general manager of Chiyoda-Foster Wheeler and Co. LLC, commented, "Chiyoda-Foster ...