Chiyoda
and Toyo awarded Sakhalin II EPC contract
Posted: 2 June 2003
Chiyoda Corporation and Toyo Engineering Corporation, both leading
engineering companies in Japan, announced they were jointly, with
their Russian partner companies KhinEnergo Consortium and Nipigaspererabotka,
awarded by Sakhalin Energy Investment Company (SEIC) an EPC contract
for the grass-roots Sakhalin Liquefied Natural Gas Plant Project
for the Sakhalin II Project.
The planned 9.6 million tons per year LNG plant will be constructed
at Prigorodnoye in the southern part of Sakhalin Island, Russian
Federation.
This plant consists of two LNG trains, each with a production capacity
of 4.8 million tons per year, the largest ever in the world.
The plant is planned to be operational in 2007. Shell's liquefaction
process named DMR (Dual Mixed Refrigerant) process will be adopted
in this project, for the first time in a base-load LNG plant, which
will be best fit for the cold climate in Sakhalin.
The LNG plant consists of two 100,000 cubic meter LNG tanks and
an LNG loading jetty.
Chiyoda Corporation and Toyo Engineering Corporation are very pleased
the EPC contract will be carried out with the substantial presence
of Russian companies in teh consortium. This co-operation will result
in a Russian industry utilisation of more than $700 million.
Chiyoda provides services on a global basis in the fields of engineering,
procurement and construction for LNG projects, and its share of
EPC work for world major LNG projects is about 30 percent.
Toyo, on the other hand, has successfully completed numbers of
large-scale projects in the world and especially the largest number
of projects in Russia and former USSR amongst western engineering
firms.
Chiyoda's outstanding technical competence as well as successful
track records of LNG projects world-wide, including the recent Oman
LNG project and Toyo's Russian project know-how and experience were
positively evaluated and led to this contract award.
Chiyoda has continuously succeeded in securing contracts for LNG
projects, following the one in the Sultanate of Oman this year.
For Sakhalin LNG project, Chiyoda performed Project Specification
work in joint venture with Fluor Daniel.
This is the first LNG project in Russia, which holds some of the
world's largest reserves of natural gas, and will be the major cornerstone
of future gas related projects in the country.
Posted by Richard Price,
Editor Pipeline Magazine
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