Taiwan engineering, procurement and construction (EPC) services provider CTCI Corporation has won a NT$26.6bn ($810m) EPC joint bid with Japan’s IHI Plant Services Corporation (IPC) to build four above-ground, double-domed liquefied natural gas (LNG) cryogenic tanks by late 2030.
The tanks have a storage capacity of 180,000 kilolitres each, for CPC Corporation, Taiwan’s state-owned petroleum company, at CPC Kaohsiung Intercontinental LNG Terminal.
CTCI has undertaken several previous cryogenic storage tank projects for CPC.
CTCI Chairman Michael Yang said the company has been partnering with IHI Corporation for over two decades and the latest project would enable it to showcase its latest sustainable engineering and intelligent technologies.
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