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Order from Mexico for First LNG Terminal

-December 22, 2003-

press

A consortium formed by Ishikawajima-Harima Heavy Industries Co., Ltd. (IHI) and ICA Fluor Corp., a leading Mexican engineering firm, has received an order from Terminal de LNG de Altamila (TLA) for construction of a LNG receiving terminal with a LNG storage capacity of 300,000kl (two 150,000kl LNG storage tanks) on the EPC contract basis. TLA is jointly owned by the Royal Dutch/Shell Group and the Total Group, a French public corporation.
 
 IHI represents the consortium and will act as the technical leader. The contract price is about 30 billion yen, and the terminal will start operation in September 2006.
 The LNG terminal will be constructed at Altamila Port, Tamaulipas, Mexico, to handle about 3.5 million tons a year of LNG with two 150,000kl storage tanks (one more tank will be added in the future), to supply natural gas for the Commission Federal de Electricidad (CFE) for 20 years.
 
 The international bid for the project was implemented with participants including the IHI and ICA Fluor consortium, the group of Mitsubishi Heavy Industries, Ltd. and Technigas (France), as well as Chicago Bridge & Iron (CBI) of the US, etc. in June 2003. IHI won the contract due to the high evaluation of its technology and achievements of construction for 30 terminals worldwide, together with Flour’s superior achievements of plant construction in Mexico.
 This project is the first attempt for Mexico that has similar plans to successively construct LNG terminals. Therefore, IHI will make efforts to successfully complete construction of the terminal as planned, targeting to receive further orders. 
 
 
 [References]
 ICA Fluor: A subsidiary company of Mexican ICA and American Fluor, undertaking business for engineering and construction of various facilities.
 ICA: Mexican engineering and construction company established in 1947, with various construction achievements in 21 countries.
 Fluor: A general contractor known worldwide. The capacity covers design, procurement, construction, operation, maintenance, and project management.

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