CB&I Awarded Asia Pacific LNG Tank Contract Valued Over $500M

CB&I CBI announced today that it has been awarded a contract, valued in excess of US$500 million, for the engineering, fabrication and construction of two 160,000 cubic meter LNG storage tanks, as well as additional work for a confidential LNG liquefaction project in the Asia Pacific region. CB&I's contract is expected to be completed in 2015.