Siemens Wins Contract for Boil-off Gas Compressors in Louisiana

Date : 02/20/2020 @ 2:27PM
Source : Dow Jones News
Stock : Siemens AG (PK) (SIEGY)
Quote : 41.15  0.0 (0.00%) @ 9:03PM

Siemens Wins Contract for Boil-off Gas Compressors in Louisiana

Siemens (PK) (USOTC:SIEGY)
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   By Giulia Petroni 
 

Siemens AG said Thursday that it won a contract to supply three boil-off gas compressor packages for Venture Global LNG, Inc.'s liquefied natural gas project in Louisiana.

The German engineering conglomerate said the LNG export facility, called Calcasieu Pass, is currently under construction and is expected to produce 10 million metric tons of LNG a year. The project is implemented by Venture Global LNG's subsidiary Venture Global Calcasieu Pass, LLC.

The compression trains are expected to ship in the summer and fall of this year, Siemens said.

The financial details of the contract weren't provided.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

February 20, 2020 09:12 ET (14:12 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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