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BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
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LNG storage tank construction 'progressing well'

15 Dec 2014 17:34 GMT

Update on the progress of LNG tank storage projects in Indonesia and the Philippines.



Gaztransport & Technigaz (GTT), a leading designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), says the construction of two LNG storage tanks ordered by Energy World Corporation (EWC) in Southeast Asia is "progressing well".

In 2009 and 2011, Energy World Corporation (EWC) and GTT signed two contracts for land storage tank construction in Indonesia and the Philippines, to be equipped with GTT's GST® Membrane Full Integrity System. For both projects, GTT is supervising the detailed design of the storage tank containment systems, provides technical assistance on site during the containment systems installation and is to assist the operator during the whole tank life.

The first project between EWC and GTT is the Sengkang LNG site development project in Keera, Indonesia. So far, the walls of the 88,000-cubic-metre tank have been completed since the summer and the roof installation is to "start soon", according to GTT. Installation of containment system is planned for beginning of 2015.

The second construction project - a 130,000-cubic-metre LNG storage tank - is being built for LNG Hub Terminal on Pagbilao Grande Island, Quezon Province, in the Philippines.

"Both projects are progressing in parallel, and, as for Sengkang, the containment system is planned for beginning of next year," GTT said in a statement.

Stewart W. G. Elliott, chairman, managing director and chief executive officer of EWC, said that it was "a significant construction step for the Philippines' first LNG receiving terminal and for the Indonesian liquefaction plant".

Philippe Berterottière, President & CEO of GTT remarked that the two projects were "significant first steps" on the return of GTT membrane type land storage systems to the world market.

"These projects both benefit from the inherent cost and schedule advantages of the GTT design," GTT added.






Related Links:

Membrane tank technology ordered for two LNG carriers
Membrane containment technology chosen for six VLECs
GTT to fit out LNG-powered ferry
Licensing agreement for use of LNG containment technology
Nitrogen membrane system for LNG-powered vessels

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