SEOUL, November 03 (AJP) - Samsung C&T’s construction division has won a $1.4 billion contract to build one of the world’s largest carbon compression and transport facilities in Qatar.
The contract, valued at 1.91 trillion won, was awarded by QatarEnergy LNG, the state-run liquefied natural gas producer, and covers engineering, procurement and construction for the project.
The new facility will be built about 80 kilometers north of Doha, in Ras Laffan Industrial City, a hub for Qatar’s energy production. Once completed, it will compress and transport up to 4.1 million tons of carbon dioxide a year to depleted gas fields for permanent underground storage — the largest carbon capture and storage capacity in the country.
The project will require sophisticated systems for pressure and temperature control to ensure the safe handling of carbon dioxide, one of the most technically demanding elements of large-scale carbon management. Samsung C&T will oversee the full process from design to construction.
The deal marks another milestone in Samsung C&T’s expansion beyond traditional construction into decarbonization and renewable energy sectors, including solar power and battery storage.
“With our extensive experience in large-scale projects in Qatar, this contract will strengthen our contribution to the country’s sustainability goals,” said Lee Byung-soo, executive vice president of Samsung C&T’s Overseas Business Division. “It builds on our previous collaborations in solar and other clean-energy projects.”
The project aligns with Qatar’s national strategy to reduce emissions from its LNG operations. For Samsung C&T, it reinforces the company’s position as a global contractor capable of integrating advanced environmental technologies into industrial-scale projects, company officials said.
* This article, published by Aju Business Daily, was translated by AI and edited by AJP.
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