Brief: Enka Insaat Says Subsidiary Entrade GmbH Signs Contract Worth EUR 1 Bln For LNG Regasification Terminal In Germany

ENKA Insaat ve Sanayi AS

18/04/2023 07:45

April 18 (Reuters) - ENKA INSAAT VE SANAYI  ENKAI.IS :
    * ENTRADE GMBH, A WHOLLY OWNED SUBSIDIARY OF OUR COMPANY, IN
A
CONSORTIUM FORMED TOGETHER WITH TÉCNICAS REUNIDAS AND FCC, HAS
SIGNED AN EPC (ENGINEERING, PROCUREMENT AND CONSTRUCTION)
CONTRACT WITH THE HANSEATIC ENERGY HUB COMPANY FOR THE LIQUEFIED
NATURAL GAS (LNG) REGASIFICATION TERMINAL TO BE BUILT AT THE
STADE RIVER PORT IN HAMBURG, GERMANY
    * TERMINAL, WHICH WILL HAVE A NOMINAL ANNUAL CAPACITY OF
13.3
BILLION M3, WILL TAKE 45 MONTHS TO COMPLETE
    * CONTRACT VALUE IS 1 BILLION EUROS AND THE SHARE OF ENTRADE
GMBH
IS APPROXIMATELY 25%
    * FOLLOWING THE FIRST PHASE OF 5 MONTHS FOR PRELIMINARY AND
ENGINEERING WORKS, THE SECOND PHASE, THE MAIN WORKS, IS PLANNED
TO COMMENCE WITH THE FINAL INVESTMENT DECISION TO BE TAKEN BY
THE CLIENT


        
 Source text for Eikon:  urn:newsml:reuters.com:*:nIKA8QCgW1
 Further company coverage:  ENKAI.IS  

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