JFE Engineering wins EPCC contract for Taiwan LNG import terminal
Tokyo-based JFE Engineering Corporation has won a $230mn engineering, procurement, construction, and commissioning (EPCC) contract for an LNG receiving terminal being developed by Taiwan state-owned utility CPC, the Japanese company said on March 28.
The project involves the construction of an LNG receiving facility 1.2 km offshore at the LNG import terminal currently under construction by CPC in Kwun Tong Industrial Zone, Taoyuan City.
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JFE said that the work is expected to be completed by May 2025. According to CPC’s website, the terminal is expected to be commissioned by December 2025.
The 3mn metric tons/year capacity terminal will be CPC’s third LNG import terminal. The company at present operates the Taichung and Yongan LNG terminals.