Thursday, May 13, 2021

Texas firm snags La. LNG contract

A contract to build a proposed $8.5 B liquefied natural gas (LNG) export terminal about 20 miles south of New Orleans in Plaquemines Parish has been awarded to a joint venture that pairs a San Antonio, construction firm with a Houston contractor (KMB) that was hired in November. Venture Global LNG, a Virginia-based company, is behind a cluster of proposed Louisiana LNG terminals costing upwards of $30B, had already been awarded the engineering, procurement and construction contract last November. Venture Global has now inked a deal that brings in the privately-held Zachry Group, which already has several offices in Louisiana, including Geismar and Gonzales. The Plaquemines LNG project sits on a 630-acre site south of New Orleans. The project is expected to support up to 2,200 construction jobs and 250 workers at the terminal once completed. (Source: NOLA.com 05/12/21) Texas construction giant snags massive LNG export project contract in Louisiana | Business News | nola.com

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