Skip to main content

VINCI wins the construction contract of a liquefied natural gas tank in the UK

Written by Customer Service on . Posted in Public Companies.

Rueil Malmaison, 28 January 2021VINCI wins the construction contract of a liquefied natural gas tank in the UKConstruction of a 190,000 cubic meters liquefied natural gas tankA €200 million contractEntrepose Contracting, VINCI Construction Grands Projets and Taylor Woodrow, all VINCI Construction subsidiaries, have been awarded an EPC* contract by National Grid to construct a 190,000 m3 liquefied natural gas (LNG) tank in the United Kingdom.This project is part of the programme to expand the capacity of the largest LNG terminal in Europe, located on the Isle of Grain – east coast of England, 60 km from London.This full containment tank has a 9% nickel steel inner tank with a pre-stressed concrete outer shell, poured in-situ using slipforming. The works, for a budget of €200 million, are set to continue until June 2025.VINCI has already built about 20 LNG tanks worldwide over the past 15 years, including three which are still under construction: two in Russia (160,000 m3 each) and one in Canada (225,000 m3). The Group is recognised for its capacity to meet the expectations of major players in the sector and confirms its leading position in the design-build of large-scale cryogenic storage tanks in any type of environment.* Engineering, Procurement and ConstructionAbout VINCIVINCI is a global player in concessions and contracting, employing 222,000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. VINCI’s goal is to create long-term value for its customers, shareholders, employees, and partners and for society at large. www.vinci.comThis press release is an official information document of the VINCI Group. PRESS CONTACT
VINCI Press Department
Tel: +33 (0)1 47 16 31 82
media.relations@vinci.comAttachmentCPVINCI_LNG_20210128_VA

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.