Contracts
Worley Wins EPC Award for Second Phase of Big Louisiana LNG
Contract value was not disclosed, but Worley will be paid a “reimbursable sum” for phase-two work, with details to be released later this year in an upcoming quarter results filing, Venture Global said.
Energy firm Venture Global has signed an engineering, procurement and construction contract with Australia contractor Worley for phase two of the Calcasieu Pass 2 LNG export terminal project in Cameron Parish, La., the developer said in a Jan. 30 federal filing.
The contract value was not disclosed, but Worley will be paid a “reimbursable sum” for phase-two work, set to include design, engineering, procurement, construction management, testing, studies, and related services, with financial details to be released in an upcoming quarter results filing, Venture Global said.
Worley also is EPC contractor for the first phase of the project on its 1,150-acre site, with work underway since last summer after a $15.1-billion final investment decision was reached. Venture Global said the phase-two final investment decision is set for mid-year.
Phase one will have a nameplate capacity of 14.4 million metric tons per year of LNG, with capacity for phase two noted as 5.6 million tpa, according to Venture Global’s filings. The latter will include ten liquefaction trains and two 200,000 cu-meter storage tanks. A pipeline from Texas also is proposed.
The project is being designed for a potential peak capacity of 28 million tpa, according to filings, and could cost up to $28 billion, according to a Venture Global. But it has also faced environmental opposition and added review by court and federal regulators.
