Daewoo E&C completes Ulsan LNG terminal project

Daewoo Engineering & Construction said Thursday that it has completed construction of a liquefied natural gas and oil terminal at Ulsan.

The company said it finished all three phases of construction and related follow-up measures at the Ulsan Bukhang LNG Terminal — officially known as the Korea Energy Terminal — a joint venture between the Korea National Oil Corp. and SK Gas.

The project covers the construction of a 215,000-kiloleter LNG storage tank, a vaporization and transmission facility wit ...