Samsung Engineering to build LNG terminal in Mexico

Aug 25, 2008 02:00 AM

South Korean builder Samsung Engineering & Construction said it has won a $ 417.9 mm order to build a liquefied natural gas terminal in Mexico.
The terminal will include two tankers with a capacity of 150,000 kiloliters and other facilities, the company said in a regulatory filing. The deal involves engineering and procurement services, it said.

The terminal will be completed by December 1, 2011 in Manzanillo, a port west of Mexico City for Samsung Ingenieria Manzanillo, an affiliate of the builder under South Korea's biggest business conglomerate, Samsung Group.
Earlier, Samsung Engineering also clinched a $ 1.06 bn deal to build a domestic petrochemical plant for the country's third-biggest oil refiner S-Oil.