Fluor Wins $7.5 Billion Contract for LNG Canada Expansion
US contractor Fluor has secured a $7.5 billion share of a joint venture contract to deliver the second phase of LNG Canada's liquefied natural gas export facility in Kitimat, British Columbia.
The project, which includes adding an LNG storage tank and two liquefaction units, will double the facility's production capacity to approximately 28 million tonnes per year.
Fluor's joint venture with Japan's JGC Corporation, called JGC Fluor BC LNG II JV, will carry out engineering, procurement, fabrication, construction, and commissioning for the expansion.
The partners received notice to proceed following LNG Canada's final investment decision on September 28. The contract value will be recognized in Fluor's third quarter of its 2026 financial year.
Jim Breuer, chief executive of Fluor, said, 'Our teams will apply the experience and lessons learned from Phase 1 to deliver a successful project.'