Engineering concern Chiyoda Corp. said Wednesday it had landed a 500 billion yen contract to build liquefied natural gas production facilities in Qatar with Technip France SA from Paris.
The two firms will design and build two LNG plants capable of producing 7.8 million tons of LNG annually in Ras Laffan on the Persian Gulf for Qatar Liquefied Gas Co. and other companies. The Japanese company will take 300 billion yen of the total proceeds.
The facilities are due to begin shipping LNG to North America in late 2010.