LNG Canada Chooses Engineers for Kitimat Plant

CBC News reported that LNG Canada has picked consortium of companies to handle preliminary engineering for its $10 billion natural gas plant in Kitimat, British Columbia. The consortium is led by Japan’s Chiyoda Corp. (TYO:6366) and includes SAIPEM (BIT:SPM), WorleyParsons (ASX:WOR) and Foster Wheeler (NASDAQ:FWLT).

As quoted in the publication:

LNG Canada  — held by Shell Canada Energy (50 per cent), PetroChina (20 per cent), Korea Gas Corp. (15 per cent) and Mitsubishi Corp. (15 per cent)  – said it chose the contractors over another group led by France’s Technip S.A. because of demonstrated experience in LNG development and in Canada.

Click here to read the full CBC News article.