Fluor, JGC Confirm LNG Canada Contracts
US engineering giant Fluor said October 2 that it would book in Q4 its total $8.4bn income from the "about $14bn contract value" to build the LNG Canada initial 14mn mt/yr liquefaction plant.
LNG Canada made the final investment decision to build its export facility in Kitimat, British Columbia, Canada that day. Fluor’s joint venture with Japan's JGC Corp will provide the engineering, procurement, fabrication and construction on the project, as already announced by the Shell-led LNG Canada venture. JGC also said October 2 that it would book its own $5.6bn during the same period.
The president of Fluor's energy and chemicals business Jim Brittain said that Fluor's first project in Canada was a refinery in British Columbia, built in the 1940s: “Since then, Fluor has been a part of some of Canada’s most significant capital projects. We look forward to building LNG Canada’s facility and bringing lasting economic benefits to the local community and British Columbia.” More than 4,500 workers will be employed at the peak of construction, said Fluor, adding its joint venture will focus on hiring locally and then throughout BC and Canada.
JGC said it has an unrivalled record for its construction of 30% of the world’s LNG plants. “The LNG Canada project is one of the largest projects ever awarded to JGC," said its president and COO since last year Tadashi Ishizuka: "JGC will draw on its accumulated capabilities and track record of successfully delivering LNG plant construction projects."