LNG
NEWS
6
LNG
INDUSTRY
SEPTEMBER
2014
NEWS HIGHLIGHTS
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Drewry: LNG shipping set for tough time
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Thailand
Rotary awarded IHI Corp. contract
R
otary Engineering has won a contract with IHI Corp. to work
on two LNG storage tanks at an LNG terminal in Thailand.
This was one of many contracts won by the engineering,
procurement, construction (EPC) and maintenance services
company, which together are purported to be worth in the
region of US$ 80 million.
Rotary will provide tankage works for two 160 000 m
3
storage tanks for the LNG receiving terminal’s Phase II
expansion project at the Map Tha Phut petrochemical plant,
located in the Thai province of Rayong.
Roger Chia Kim Piow, the Chairman and Managing Director
of Rotary, said: “We are excited about this new win [...] We
are encouraged with the trust that our client has placed upon
us. This is a reflection of Rotary’s strong and good reputation,
which it has built over the years. With this track record, we are
now well positioned to participate in the other LNG projects in
Singapore, Asia and the Middle East.”
Rotary is seeking to expand its LNG value chain activities in
Singapore and South East Asia as demand in the region rises.
The company also reported a 70% increase in revenues for the
first half of the year.
USA
LNG America selects Taylor-Wharton
L
NG America has selected Taylor-Wharton to
commence the front-end engineering and design
(FEED) work for the cryogenic topside of the company’s
3000 m
3
Gemini Class LNG bunker barge.
The LNG bunker barge is scheduled for delivery at the
end of 2015.
With the selection of Taylor-Wharton, LNG America
has assembled a top-tier team to support its LNG
bunker barge programme. LNG America had previously
announced Jensen Maritime as the naval architect for the
project and ABS as its class society.
Keith Meyer, CEO of LNG America, said:
“Taylor-Wharton has been actively engaged in the
development process and instrumental in helping to
develop the critical path time line for a late 2015 in-service
date.”
Eric Rottier, CEO of Taylor-Wharton, added: “LNG
as a transportation fuel and a fuel for the marine market
represents a step change in the way LNG is used and we
are very pleased to be working on this exciting project
with LNG America.”
.com
