Taekwang Wins Record-Breaking $6.27 Million LNG Contract in Canada
Taekwang, a South Korean pipe fitting specialist based in Busan, has secured its largest single order ever in the Americas LNG market for $6.27 million (approximately ₩9 billion) to supply fittings for Japan's JGC for the LNG Canada Phase 2 project.
The LNG Canada project is a massive development with a total investment of $12.5 billion and is backed by Shell, PETRONAS, PetroChina, Mitsubishi, and KOGAS.
Taekwang has already secured delivery track records across all three major LNG supply hubs: the United States, the Middle East, and Canada.