Wednesday, July 25, 2012

Samsung to build LNG terminal - Business - JamaicaObserver.com

Samsung to build LNG terminal - Business - JamaicaObserver.com:

SAMSUNG C&T has won the bid to build the liquefied natural gas (LNG) floating storage and regasification terminal in Jamaica.
Out of a field of three, it beat bids made by Exmar Marine of Belgium and Sener IngenierĂ­a y Sisternas, SA of Spain.
A land-based liquefied natural gas terminal in Manzanillo, Mexico, which was completed by Samsung C&T in March.
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The construction and trading affiliate of the Korean company best known for its electronics was declared the preferred bidder by Cabinet, according to Energy Minister Phillip Paulwell.
However, the process of selecting a supplier of the fuel was extended by a further two weeks ending this Friday, when the three shortlisted are expected to make bids, he told Parliament yesterday.
The Government had previously planned to issue the final stage request for proposal (RFP) for LNG Supply in mid-May, with firm bids due by end of June 2012.


Read more: http://www.jamaicaobserver.com/business/Samsung-to-build-LNG-terminal#ixzz21dOcVOti

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