CB&I Secures Major Contract for LNG Storage Tanks at Commonwealth LNG Facility
CB&I Awarded Contract for Five LNG Storage Tanks at Caturus' Commonwealth LNG Facility
Image: Benzinga
CB&I has been awarded a significant contract by Technip Energies for the construction of five LNG storage tanks at the Commonwealth LNG facility in Cameron, Louisiana. The project will enhance U.S. energy leadership and is expected to be completed by 2029.
- 01CB&I's contract involves the construction of five 50,000 cubic meter LNG storage tanks.
- 02The Commonwealth LNG project aims for an export capacity of 9.5 million tonnes per annum.
- 03Construction is set to begin in the third quarter of 2026, with mechanical completion targeted for 2029.
- 04CB&I defines a significant contract as valued between USD $250 million and $500 million.
- 05The project will be executed from CB&I's offices in Houston, Texas, and Plainfield, Illinois.
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CB&I, a leader in integrated storage solutions, has announced a significant contract award from Technip Energies to construct five full containment concrete LNG storage tanks for the Commonwealth LNG facility in Cameron, Louisiana. Each tank will have a capacity of 50,000 cubic meters, contributing to the terminal's planned export capacity of 9.5 million tonnes per annum. Mark Butts, CB&I's President and CEO, expressed pride in supporting the project, which is expected to bolster U.S. energy leadership and enhance global energy security. The contract includes comprehensive work such as foundation design, piping, and tank top platforms. Construction is anticipated to commence in the third quarter of 2026, with a target for mechanical completion by 2029. CB&I categorizes this contract as significant, with a value between $250 million and $500 million.
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The construction of the LNG storage tanks will create jobs and stimulate economic activity in Cameron, Louisiana.
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