The growing international demand for natural gas, coupled with the tracking boom in the U.S., has resulted in a steady increase in U.S. gas exports. McDermott is building export facilities at two existing LNG import terminals in the Southeast. McDermott and its joint venture partner, Chiyoda, were awarded a contract valued at approximately $6 billion by Cameron LNG to build three export liquefaction trains in Hackberry, La. Upon completion, Cameron will produce at least 14.95 million tons of LNG per year. McDermott, along with its partners Zachry and Chiyoda, is performing engineering, procurement and construction of three additional LNG liquefaction trains at the existing Freeport LNG complex on Quintana Island near Freeport, Texas. McDermott is also building a double-walled, 165,000-cu-meter LNG storage tank at the site. Freeport LNG expects to begin construction of a fourth train by the end of the year.
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