SK engineering and construction inks MOU to build natural gas liquefaction plant in US
Seoul - Arab Today
SK Engineering and Construction Co. (SK E&C) said Tuesday it reached a tentative deal to build a natural gas liquefaction plant in the United States, marking the first time for a South Korean company to enter the business sector. The memorandum of understanding (MOU) reached with Australia's Magnolia LNG calls for building a 3.4-million-ton capacity liquefaction plant on the banks of Lake Charles in Louisiana. Liquefaction plants handle pretreatment, natural gas liquid recovery, a liquefaction process and storage for the liquefied natural gas (LNG).
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