Technip was awarded an engineering, design and procurement contract from Shaanxi LNG Investment & Development Co. worth 35 million for a mid-scale liquefied natural gas (LNG) plant, the company announced on Wednesday.
The plant will be located in the Yangling demonstration area in China's Shaanxi Province.
The contract covers the conceptual engineering study, the basic engineering design (BED) for its processes, BED and detailed design of the LNG storage tank, as well as procurement for key equipment including the main cryogenic heat exchanger, the mix refrigerant compressor, the boil-off gas compressor and the cryogenic control valves, among others.
The LNG plant will have a capacity of 500,000 tpy and will be based on an Air Products liquefaction process.
Technips operating centers in Shanghai, China, and Kuala Lumpur, Malaysia, are executing the project, which is scheduled to be completed by mid-2014.
This project acknowledges Technips historical and unique LNG expertise, according to the company, but also reinforces its continuous involvement in the growing mid-scale LNG market in China.