CB&I Wins Contract for China LNG Terminal

CB&I won a turnkey contract valued at approximately $140 million for the design and construction of the terminal system works at a new liquefied natural gas (LNG) import terminal in Fujian Province, Peoples Republic of China. CB&I's work scope for the contract includes the turnkey engineering, procurement, construction and commissioning of the terminal system works, which encompasses civil, mechanical, piping, structural, buildings, and electrical and instrumentation work, and includes the marine loading arms and regasification system. The terminal is scheduled for commercial operation in early 2008.