Ishikawajima-Harima Heavy Industries Co. Ltd. & ICA Fluor Consortium Awarded First LNG Terminal in Mexico
19 12월 2003 - 8:00AM
PR Newswire (US)
Ishikawajima-Harima Heavy Industries Co. Ltd. & ICA Fluor
Consortium Awarded First LNG Terminal in Mexico MEXICO CITY, Dec.
18 /PRNewswire-FirstCall/ -- The consortium formed by
Ishikawajima-Harima Heavy Industries (IHI) and ICA Fluor today
announced that it has entered into a lump-sum, turnkey agreement
with Terminal de LNG de Altamira S de RL de CV, for the
construction of the first Mexican liquefied natural gas (LNG)
regasification terminal. The contract value for the consortium is
approximately US$ 250 million. The facility, to be located in the
port of Altamira, Tamaulipas, on Mexico's Gulf coast, will have an
initial capacity of 650 million cubic feet per day, with provisions
for future expansion. The project will be constructed over 36
months and includes design, engineering, procurement, construction
and start-up services. IHI is the consortium representative and the
technical leader. ICA Fluor will act as the overall project manager
and provide all local services. The facility will include LNG
unloading and ship berthing facilities, storage consisting of two
150,000 cubic meter double containment LNG tanks, regasification,
send-out installations and all related utilities. The engineering
for the project will be done mainly in Mexico and will create
regional employment opportunities for some 1,500 construction
workers at the peak. Terminal de LNG de Altamira is a joint venture
company owned by the Royal Dutch / Shell Group and the Total Group.
IHI, founded in Japan in 1853, provides technology-oriented
products and services to the industrial, private and public sectors
and has a network of 33 offices and subsidiary companies acting
worldwide. ICA Fluor is jointly owned by Fluor Corporation
(NYSE:FLR) and Empresas ICA Sociedad Controladora (NYSE: ICA; BMV)
and is the leading industrial engineering company in Mexico,
dedicated to the engineering, procurement, and construction of
telecommunication installations and chemical, petrochemical,
automotive, refinery, electricity generation plants. Founded in
Mexico in 1947, ICA has completed construction and engineering
projects in 21 countries. ICA's principal business units include
civil construction and industrial construction. Through its
subsidiaries, ICA also manages airports and operates specialized
port terminals, tunnels, highways, and municipal services under
government concession contracts and/or partial sale of long term
contract rights. For more information, visit http://www.ica.com.mx/
Fluor Corporation (NYSE:FLR) provides services on a global basis in
the fields of engineering, procurement, construction, operations,
maintenance and project management. Headquartered in Aliso Viejo,
Calif., Fluor is a Fortune 500 company with revenues of $10 billion
in 2002. For more information, visit http://www.fluor.com/ For
further information please contact: Media Relations, Jerry
Holloway, +1-949-349-7411, or Lori Serrato, +1-949-349-7420, or
Investor Relations, Lila Churney, +1-949-349-3909, fax
+1-949-349-5375, all of Fluor Corporation DATASOURCE: Fluor
Corporation CONTACT: Media Relations, Jerry Holloway,
+1-949-349-7411, or Lori Serrato, +1-949-349-7420, or Investor
Relations, Lila Churney, +1-949-349-3909, fax +1-949-349-5375, all
of Fluor Corporation Web site: http://www.ica.com.mx/ Web site:
http://www.fluor.com/
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