Samsung C&T Clinches Deal to Expand Thai LNG Terminal
Samsung C&T Clinches Deal to Expand Thai LNG Terminal
  • Korea IT Times (info@koreaittimes.com)
  • 승인 2013.07.04 21:07
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SEOUL, KOREA- Samsung C&T said on July 3 that it won an order to expand a liquefied petroleum gas terminal in Thailand. The total order volume is US$243 million of which Samsung C&T will take a 76.1-percent share, or $155.4 million.
 
The project calls for enlarging the LPG storage capacity to 250,000 tons from current 130,000 tons of a terminal in Chon Buri, 80 kilometers southeast of Bangkok, by November 2015. Samsung C&T will form a consortium with Italian-Thai Development plc, Thailand`s largest construction firm, and implement the project on an EPC (engineering, procurement and construction) basis.
 
Samsung C&T has had ample experience in building LNG terminals in and outside Korea, including the ones in Pyeongtaek and Incheon, Qatar and Singapore. By acquiring Whessoe Oil & Gas Ltd., a UK-based company specializing in LNG storage tank and regasification terminal design, in March this year, Samsung C&T is now capable of implementing the whole process of building LNG terminals from design to pilot run.
 
 

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