Bechtel signs up for $9.6bn LNG project in Texas

US contractor Bechtel has won a contract worth $9.6bn in Brownsville, Texas for liquefied natural gas (LNG) firm NextDecade. It will work on the first phase of the Rio Grande LNG project, consisting of three liquefaction trains, two 180,000 cubic metre storage tanks and two marine berths.

The lump-sum turnkey EPC contracts include cost, schedule and performance guarantees.  

Each train is designed to produce 5.9 million tonnes of LNG a year, at a price of $543 a tonne.

Matt Schatzman, NextDecade president, said: "We are pleased to be working with Bechtel, which is responsible for constructing about 30% of the world’s LNG capacity."

Image courtesy of NextDecade

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