HHI Clinches Contract For First Coastal LNG Production Facility


Hyundai Heavy Industries (HHI) was selected as the contractor for the world’s first at-shore LNG ASLNG (coastal LNG production facility), an export base for liquefied natural gas (LNG).

The contract is worth US$500 million.

Hyundai Heavy Industries recently announced on January 28 that the company was selected as the basic design and construction contractor for the hull of the ASLNG 2 from Canadian Steelhead LNG.

ASLNG is capable of producing and exporting LNG by liquefying the gas that comes via land pipelines while docked in coastal areas. The facility 340 meters long, 60 meters wide and weigh 74,000t can store up to 280,000 cubic meters of LNG in its hull. The facility will begin to produce six million tons of LNG per annum in 2024 in the Kwispaa project on the west shore of Vancouver Island in Canada.

“This facility holds the key to the development of LNG on the west coast of Canada,” said a representative of Steelhead LNG. “We selected Hyundai Heavy Industries which has the world’s best technology and construction capability.” Steelhead LNG is planning to hold a bid on the superstructure and coastal facilities of ASLNG in the second quarter of this year and start the basic design in earnest in the third quarter.

Source: Business Korea



Comments are closed.