Chicago Bridge wins $1 billion LNG terminal contract
Tue Aug 1, 2006 8:26am ET
today.reuters.com
Aug 1 (Reuters) - Chicago Bridge & Iron Co. N.V. (CBI.N: Quote, Profile, Research) on Tuesday said it was awarded a contract, valued at more than $1 billion, by Golden Pass LNG Terminal LLC for the construction of a liquefied natural gas import terminal near Sabine Pass, Texas. The engineering firm said the terminal, which is expected to start up in 2009, will have import capacity to process 15.6 million tons of LNG per year.
The project is expected to create more than 1,000 construction jobs in southeast Texas, Chicago Bridge said. (Reporting by Saumyadeb Chakrabarty in Bangalore)
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