Contracts and Projects Tracker: Feb 2012
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Freeport LNG Expansion has awarded a JV between Zachry Industrial and CB&I a FEED contract for the Freeport Liquefaction Project near Freeport, Texas. The JV is to engineer and design three 4,400ktpa LNG liquefaction trains, with pretreatment facilities, to be sited near the existing regasification terminal: developing proposals for a one-train and a two-train initial development so that Freeport LNG can choose the optimum size of the initial phase of the project.
Qatar Petroleum (QP) and Qatar Petrochemical Co. (QAPCO) are to develop a new petrochemical complex in Ras Laffan Industrial City. The project includes a world-scale steam cracker, with the feedstock coming from natural gas plants in Ras Laffan. Due for completion in 2018, it will produce 1,400ktpa of ethylene, 850ktpa of HDPE, 430ktpa of LLDPE, 760ktpa of polypropylene, 83ktpa of butadiene. QP has an 80% equity interest in the project, QAPCO 20%. The complex will help Qatar to exploit its abundant natural gas resources.