SNC-LAVALIN AND BLACK & VEATCH CONSORTIUM AWARDED MANAGEMENT CONTRACT FOR NEW LNG TRAIN IN ALGERIA
SNC-Lavalin International Inc. and its consortium partner, Black & Veatch Corporation, are pleased to announce that they will be providing services to Sonatrach in connection with the construction of the new Liquefied Natural Gas (LNG) train in Skikda, Algeria, under a Project Management Consultancy agreement. Services are set to start in early July 2005, and are expected to be completed in 2010.
LNG trains are the production units where natural gas is converted into liquid form for transportation by LNG tankers. The consortium under the leadership of SNC-Lavalin will ensure the monitoring and control of engineering and the management of the new LNG train project.
“We are excited to be associated with this important LNG project in Algeria and to work once more with Sonatrach, a world leader in LNG production and a strategic customer for SNC-Lavalin,” said Pierre Duhaime, Executive Vice-President, SNC-Lavalin Group Inc.
“This is a very prestigious project for Black & Veatch as we continue our relationship with Sonatrach,” stated David Still, Black & Veatch Corporation, Senior Vice-President and Executive Director of the Middle East, India, Europe and Africa. “LNG is a core competency of Black & Veatch and this project further strengthens our global presence in the LNG market.”
SNC-Lavalin (TSX:SNC) is one of the leading groups of engineering and construction companies in the world, a global leader in the ownership and management of infrastructure, and a key player in facilities and operations management. The SNC-Lavalin companies have offices across Canada and in 30 other countries around the world, and are currently working in some 100 countries. www.snclavalin.com
Black & Veatch Corporation is a leading global engineering, consulting and construction company specializing in infrastructure development in energy, water, information and government markets. Founded in 1915, Black & Veatch develops tailored infrastructure solutions that meet clients’ needs and provide sustainable benefits. The employee-owned company has more than 90 offices worldwide. Black & Veatch is ranked on the Forbes “500 Largest Private Companies in the United States” listing for 2004. The company’s Web site address is www.bv.com.
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Media ContactGillian MacCormack
Vice-President, Global Public Relations
SNC-Lavalin Group Inc.
Vice-President, Investor Relations
SNC-Lavalin Group Inc.