LNG

LNG Ltd extends EPC contract for Magnolia plant

Australia’s LNG Ltd has extended the binding EPC contract covering its proposed Magnolia LNG plant in the United States until the end of this year
By Staff reporter 19 June 2018 0 31369

Australia’s LNG Ltd has extended the binding EPC contract covering its proposed Magnolia LNG plant in the United States until the end of this year, the company said on Monday.

The contract for the 8 mtpa plant in Calcasieu Parish, Louisiana, is worth $4.35 billion and was signed in November 2015 with a joint venture consisting of South Korean engineering firm SK E&C and United States-based KBR.