Daewoo E&C Wins Mozambique LNG Project Worth 501.7 Billion KRW

[Asia Economy Reporter Park Jun-yi] Daewoo E&C announced on the 23rd that it has secured a construction contract worth $455.64 million (approximately 501.74746 billion KRW) from the local client in Mozambique (CCS JV S.c.a.r.l.). The project involves building two 6.4 MTPA liquefied natural gas (LNG) trains and auxiliary facilities at the Afungi Industrial Complex located in Palma, the northernmost region of Mozambique. The contract amount represents 5.8% of last year's consolidated sales, and the contract period is until January 10, 2024.

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