Vinci Bags $306mln LNG-Tank Contract in Canada

European contractor Vinci Construction has been awarded  contract to build a 225,000 m3 liquefied natural gas (LNG) tank in Canada.

The Joint Venture composed of Entrepose Contracting and Vinci Construction Grands Projets, said in a release that the contract, which covers the engineering, procurement and construction (EPC) of the tank, is worth CAD $400 million (about US$306 million).

“The strong co-operation between Entrepose Contracting and Vinci Construction Grands Projets has a unique track record of construction in harsh climates. We are proud to bring our proven LNG tank expertise to Canada,” said Gaël Cailleaux, Managing Director of Entrepose Contracting.

“Together with Entrepose Contracting, we intend to establish the highest standards for safety and quality on site for this project. Our major project management expertise will be an asset in conducting this ambitious project,” said Patrick Kadri, CEO and Chairman of Vinci Construction Grands Projets.

Having built 14 LNG tanks throughout the world over the last 10 years, Vinci Construction has earned a strong reputation for conducting projects for oil and gas majors. Recently, Vinci Construction successfully completed major LNG tank projects like the Yamal LNG in Siberia, Russia and Wheatstone Project in Australia.