Name of client  :  Mubadala Development Company Ipic – International Petroleum Investment Company
Budget  : $1 billion
Facility type  :  Liquefied Natural Gas (LNG)
Sector  : Gas
Status  :  EPC ITB
Location  : Fujairah
Feed  : Technip
Main contractor : Not yet appointed

Background
Emirates LNG will develop a new LNG facility on the UAE east coast in Fujairah. The project will provide Middle East’s first and largest land-based LNG regasification facility. Benefiting from the project will be the Fujairah 1 and 2 integrated water and power plants (IWPP) mainly from Abu Dhabi Water & Electricity Authority (Adwea).

Project status
October 2014: Technical bids for the package 2 of 2 have been submitted by CB&I Lummus, Entrepose Contracting, IHI Corporation and Mitsubishi Heavy Industries.

Commercial bids submission is set for December.

Project scope
The LNG terminal project will have a proposed final capacity of 9 million tonnes a year of LNG or 1.2 billion cubic feet a day (bcfd) of gas. Once completed, the UAE will have an LNG import capacity of 12 million tonnes per year.

Scope includes:
• Regasification terminal & land based regasification terminal;

• Onshore import terminal & vaporisation unit; and

• Associated facilities.

Project finance
Mubadala Development Company and International Petroleum Investment Company (IPIC) announced the establishment of 50 per cent partner in the Emirates LNG joint venture.

Project schedule
EPC ITB  Q1-2014 
Completion Q3-2016