SNT Energy Signs Additional 36.6 Billion KRW Air Cooler Contract with Bechtel in US
Expansion of Air Cooler Supply for Louisiana LNG Project in the U.S.
Full-scale Efforts to Enter the U.S. LNG Combined Cycle Power Plant (HRSG) Market
SNT Energy is accelerating its efforts to penetrate the U.S. market.
On March 31, SNT Energy announced that it had signed an amendment contract with Bechtel, a global comprehensive engineering company based in the United States, to supply additional Air Coolers worth approximately 36.6 billion KRW.
This contract is an extension of the 71.8 billion KRW Air Cooler supply contract for the Louisiana LNG Project in the U.S., which was signed on December 23 last year, and is intended to provide additional supply.
The Louisiana LNG Project in the U.S. is a large-scale energy infrastructure development project aimed at responding to the increase in domestic natural gas production and expanding global demand. The project involves building a large LNG export complex in the Louisiana region. Bechtel is in charge of EPC (Engineering, Procurement, and Construction), while SNT Energy is responsible for manufacturing the Air Coolers.
A representative from SNT Energy stated, "Recently, the United States has been strengthening its position as the world's largest LNG exporter, actively promoting new liquefaction facilities and export terminal expansion projects centered around Louisiana and Texas. This additional contract is further proof of SNT Energy's technological capabilities and reliability in the North American market, and we will continue to strengthen our presence in the U.S. market through ongoing orders."
The U.S. LNG combined cycle power plant (HRSG) market is also drawing attention. This is because the demand for building LNG combined cycle power plants is increasing in the U.S. due to a surge in electricity demand from AI and data centers.
This highlights the significance of SNT Energy, which possesses core design technology and manufacturing capabilities for HRSG, a key component of LNG combined cycle power plants.
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Regarding this, a representative from SNT Energy said, "We plan to make every effort to create synergistic effects in the overall U.S. energy market by supplying equipment such as HRSG to the U.S. LNG combined cycle power plant market, alongside Air Coolers."
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