VANCOUVER, May 20 (Reuters) - LNG Canada, a joint ventureled by Royal Dutch Shell, said on Tuesday that it hadawarded the design and eventual construction of its plannedliquefied natural gas (LNG) export project on Canada's westcoast to CFSW LNG Constructors.
The contract covers the front end engineering and designwork, as well as the execution of the multi-billion dollarproject, pending a final investment decision. That final go orno-go call is not expected until mid-decade.
LNG Canada is just one of more than a dozen export terminalsplanned for British Columbia's rugged Pacific coast, as energycompanies look to ship cheap Canadian gas to Asia.
The project, to be built in the port town of Kitimathundreds of miles north of Vancouver, will initially producesome 12 million tonnes of LNG per year and could be expanded to24 million tonnes. An environmental assessment is underway.
Shell owns 50 percent of LNG Canada, while PetroChina Co Ltd holds a 20 percent stake, and Korea Gas Corporation and Mitsubishi Corp each own 15 percent.
CFSW LNG Constructors is a partnership of Chiyoda Co Ltd, Foster Wheeler, SAIPEM andWorleyParsons. (Reporting by Julie Gordon; Editing by Nick Zieminski)