Thursday, 23 February 2012

Petronas awards design for Bintulu project to JGC Corp, Chiyoda-Saipem JV

KUALA LUMPUR (Feb 23): Petroliam Nasional Bhd has awarded the contract for the front-end engineering design (FEED) for its Bintulu LNG complex to JGC Corporation and Chiyoda Corporation-Saipem S.p.A. partnership.

“The contract, awarded under a dual FEED scheme, will see the two contractors compete in the FEED and in the engineering, procurement and CONSTRUCTION [] (EPC) price proposal for the project, known as Petronas LNG Train 9,” it said on Thursday.

The national oil corporation said the FEED was scheduled to be completed in December 2012, where the winner will be awarded the project’s engineering, procurement, construction and commissioning (EPCC) contract.

The project is targeted to meet its final investment decision (FID) by Q1 of 2013 while its ready for start-up (RFSU) date was the 4Q of 2015.

Petronas said the new LNG train would boost the existing 24 million ton per annum (mtpa) production capacity by another 3.6 mtpa.

It added the various fields offshore Sarawak would provide the required feed gas volume of up to 850 million standard cubic feet per day (mmscfd).

Upon completion, the Petronas LNG Train 9 would include gas receiving facilities, acid gas removal unit, dehydration and mercury removal unit, fractionation and liquefaction unit, LNG rundown unit and all the associated utilities and facilities.



Get your T+10 interest FREE margin trading account NOW. Attractive brokerage for online trading. Contact Mr Ho at +603-5192 0808 or hoxian@sjsec.com.my for more details.
Related Posts Plugin for WordPress, Blogger...