Ksi Lisims LNG picks Black and Veatch, Samsung Heavy Industries for design contract

Samsung Heavy Industries

11/07/2023 21:14

July 11 (Reuters) - U.S.-based construction company
Black and Veatch said it has been awarded a front-end
engineering and design contract for Canada's Ksi Lisims floating
LNG project in collaboration with Samsung Heavy Industries (SHI)
 010140.KS  of South Korea.
    The Ksi Lisims LNG project is expected to start commercial
operations in 2028 and designed to produce up to 12 million
metric tons of LNG per year for export to overseas markets,
Black and Veatch said in a statement Monday.
    The Canadian province of British Columbia in March this year
toughened emissions standards for new liquefied natural gas
(LNG) projects, which the Ksi Lisims LNG project will have to
abide by.
    The company said the project’s greenhouse gas emissions will
be 90% lower than conventional LNG facilities and expects the
project to be net-zero by 2030, with offset management plans.

 (Reporting by Harshit Verma in Bengaluru, editing by Deepa
Babington)
 ((Harshit.Verma@thomsonreuters.com;))