LNG

Saipem and CTCI win contract for Thai LNG terminal

A joint venture of Italy’s Saipem and Taiwan-based CTCI has been awarded the EPC contract for the 9 mtpa Nong Fab LNG terminal in Thailand
By Staff reporter 8 June 2018 0 31216

A joint venture of Italy’s Saipem and Taiwan-based CTCI has been awarded the EPC contract for the 9 mtpa Nong Fab LNG terminal in Thailand, according to Saipem.

The contract was awarded by PTT LNG, a subsidiary of Thailand’s state oil and gas company, PTT.

The contract is worth approximately $925 million. Saipem will lead the joint venture and has a 55% stake in the contract.