Energy industry support company CB&I has been given a turnkey contract valued at approximately $100 million for the design and construction of storage tanks at a new liquefied natural gas import terminal in Fujian Province, China.

Located in the city of Xiuyu, Fujian Province, in southeast China, the LNG regasification terminal has phase I capacity of 2.6 million tons of LNG per year with phase II expansion under planning. The natural gas from the terminal will be provided to gas-fired power plants that will be built during the project’s first phase and to household users in five cities in the province.

The facility will be owned and operated by CNOOC Fujian LNG Co, a co-investment of China National Offshore Oil Corporation (CNOOC) and Fujian Investment and Development Corporation.

As part of its contract, CB&I will provide turnkey engineering, procurement and construction of two 160,000 cubic meter full containment LNG storage tanks, including deep foundations, tank topsides, and electrical, instrumentation, equipment and piping to grade. The project is scheduled for completion in late 2007.