Singapore LNG Corp. (SLNG) awarded a front-end
engineering and design (FEED) contract to WorleyParsons to
define the scope of the expansion of its LNG terminal send-out
and storage capacities, officials confirmed on Thursday.
The expansion plans include the installation of additional
facilities to increase terminal capacity from its current 6
million tpy throughput to a new rate of
9 million tpy, as well as the construction of a fourth
The FEED project is vital as it provides the
required engineering design and comprehensive scope of works
that will enable SLNG
to invite tenders for the engineering, procurement, and construction (EPC) contract for the
construction of the new facilities, as well as develop the
capital cost estimates for the expansion," said Neil McGregor,
CEO of Singapore LNG.
The project officially kicked off on
October 29, 2012, and is expected to be completed by early in
the 2013 second quarter.
The final investment decision for the construction of the fourth LNG
storage tank and its associated facilities will be made after
"WorleyParsons was selected following a rigorous tender
process, because it offered the best overall value from among
the bidding companies," McGregor said.
The design to be delivered by WorleyParsons will also explore
possible future expansions, including the
feasibility of a fifth and subsequent tanks.
"WorleyParsons appreciates the opportunity provided by SLNG to
provide high-quality FEED services for the expansion of
Singapores LNG terminal," said WorleyParsons
CEO Andrew Wood.
"In recent times, our team in Singapore, in collaboration with
global experts, has achieved a market leader status in the
design of onshore and floating LNG regasification facilities,"
"We are looking forward to bringing this experience to the fore
and working closely with the SLNG team to provide a design
solution which caters to the future expansion, thereby allowing SLNG to
achieve its vision and business goals."
The additional tank and its associated facilities are
expected further enhance Singapores energy security
by allowing further diversification of fuel sources. The
additional capacity will also allow Singapore to respond to new
opportunities in global LNG
markets, according to project officials.