Increasing Order Backlog
Daewoo Engineering & Construction (E&C) has won an LNG plant construction project in Mozambique for 500 billion won after jointly winning a 5-trillion-won order for an LNG plant in Nigeria in May.
The builder announced on Dec. 23 that it signed a contract for the construction of LNG Area 1 in Mozambique, southeastern Africa, on Dec. 22.
The Mozambique LNG Area 1 project involves building two liquefaction trains and auxiliary facilities with an annual production capacity of 64 million tons at the Afungi Industrial Complex in Mozambique. It will take 33 months to complete them.
Daewoo E&C will be tasked with the construction of key processes such as steel frames, machinery, piping, and electricity. The project is promoted by seven companies including global oil company Total of France and a state-run gas corporation of Mozambique. The main contractor of the project is CCS Joint Venture (JV).
Mozambique has Rovuma Gas Field, the largest gas field discovered in the 21st century. Its coal reserves are also the ninth largest in the world. The nation has abundant underground resources.