JGC Holdings Corporation, in a consortium that includes Taiwanese construction firm RSEA Engineering Corporation, Taiwan’s Do & Find Engineering Consultants and another company has been awarded a contract for the construction of LNG terminal facilities from state-owned oil and gas company CPC Corporation.
The project calls for engineering, procurement, construction, and commissioning (EPCC) services for Kaohsiung-based CPC Corporation, which will involve the construction of eight LNG vaporizers and associated facilities in Taichung. This is a lump-sum contract for approximately 60 billion yen, with the JGC portion being nearly YEN 34bn. The delivery is scheduled for 2024.
The current energy policy in Taiwan seeks to end nuclear power generation and phase out coal-fired power while actively introducing clean energy sources such as liquefied natural gas (LNG) and renewable energy. To this end, the project will expand the existing Taichung LNG receiving terminal and add the new terminal being constructed. Specifically, the consortium has been contracted to build eight vaporizers (with a total capacity of 1,600 tons per hour) and ancillary facilities at the LNG receiving terminal.
Compelling factors that may have led to this order by CPC included technical proposal capabilities meeting client needs, project execution planning that ensures quality, safety, and fast turnaround, and a project execution framework that maximizes each company’s considerable experience.