RAS LAFFAN, Qatar, Sept. 23 (UPI) -- Japan's Chiyoda Corp. and France's Technip SA won a $3.8 billion contract to build two massive liquid natural gas plants in Qatar.
The two LNG facilities will be the largest in the world, each able to produce 7.8 million tons per year of output, Chiyoda said Friday.
The first of the two units, which will become part of Qatar's Ras Laffan complex, are expected to come on stream in late 2008.
Qatar National Petroleum Co. holds a 70 percent equity interest in the Ras Laffan complex and ExxonMobil RasGas Inc. owns the remaining interest.
Along with other construction plans underway in Qatar, the Chiyoda-Technip venture will give the emirate the capacity to produce 77 million tons per year of LNG, the largest in the world.
