The contract is signed (Fluor)

News

Flour, JCG and Technip win $3.7bn LNG contract in Mozambique

9 October 2019 | By GCR Staff | 0 Comments

A consortium made up of Yokohama-based engineer JGC Corporation, Fluor Corporation of Texas and Italy’s TechnipFMC has won an order worth about $3.7bn to build an LNG plant in Mozambique, it was announced yesterday.

The project is being developed by Mozambique Rovuma Venture (MRV), a joint venture between Eni of Italy, ExxonMobil of the US and the China National Petroleum Corporation.

According to a press statement from JGC, formerly Japanese Gasoline, MRV selected the consortium for its “demonstrated capabilities in health and safety management, competitive financial strength, technical design, execution planning, contract price and schedule”.

Mark Fields, group president of Fluor’s Energy & Chemicals business, said: “We worked closely to develop the project model that builds upon each party’s strengths and capabilities to partner with MRV to advance this landmark project in a safe, secure and sustainable manner creating new opportunities for Mozambique and its citizens.”

The Rovuma LNG plant will be built on the sparsely populated Afungi Peninsula in Cabo Delgado Province, and will process the 85 trillion cubic feet of recoverable natural gas discovered in the offshore Rovuma Basin in 2010.

The plant, which is designed to produce over 15 million tonnes of liquefied natural gas annually, will be completed by around 2025. It will supply LNG from the East Africa to Asia, including Japan and China.

The US Export and Import Bank (Exim) has approved a $5bn loan for project (see Further reading).

Image: The contract is signed (Fluor)

Further reading: