CTCI Awarded LNG Receiving Terminal Contract in Thailand

Taipei, TAIWAN: CTCI CORPORATION, in Joint Venture with Saipem, has been awarded a new contract of Nong Fab LNG Receiving Terminal located within Map Ta Phut Industrial Estate in Rayong Province of Thailand by PTT LNG Company Limited, a subsidiary of PTT Public Company Limited.

With CTCI’s solid track record and focus in Thailand’s EPC market over the decades, the JV beats other international EPC bidders to acquire the contract with the value nearly USD 925 millions, hitting a new record for CTCI in Thailand’s EPC project contracting market. This contract award has laid a foundation for an advantageous Southeast Asia market outlook, while also fueled the momentum for Taiwan Government’s New Southbound Policy.

The scope of Nong Fab LNG Receiving Terminal includes engineering, procurement, construction and commissioning of two 250,000m3 storage tanks, a 7.5MMTPA re-gasification facility, a long trestle marine jetty, and an eco-friendly Administration Building.