Air Products to build two ASUs for coal gasification facility
Air separation units at the Tennessee facility will be owned and operated by Air Products.
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Inter Pipeline subsidiary will acquire a total of 9.1 million bbls storage.
The companies will explore a broad range of potential business opportunities.
Fluor will undertake EPC work at Valero’s Pembroke Refinery.
CIBC will assist with the full project financing for Meridian’s Davis Refinery project.
The total project cost is estimated at US$60 million. The amount of planned debt financing is expected to be worth between US$35 – US$40 Million.
The partners intend to build an additional steam cracker and to further expand their existing 50:50 joint venture, BASF-YPC Company, Limited.
The companies will make a joint bid for EPC contracts on NextDecade’s Rio Grande LNG project.
According to a Reuters report, proposals have been narrowed down to those from PNOC, Tokyo Gas and CNOOC.
Goldboro LNG project receives confirmation eligibility for up to US$1.5 billion.
