The contract at the Costa Norte LNG Terminal also includes an intake/outfall structure. South Korea’s Posco E&C is the main contractor to deliver the terminal for US-based power company AES Corporation.
The contract value for the BAM Iconsa joint venture is around US$39m (£31m). Work on site will begin in the first quarter of 2017 for completion in April 2018.
The BAM ICONSA joint venture’s scope covers the marine facilities, which consist of the LNG jetty with a 216m-long trestle, a 50m by 35m platform, four breasting dolphins, six mooring dolphins as well as the intake and outfall structure. Sister company BAM Infraconsult/DMC is involved in the design of the new jetty.
The Costa Norte LNG Terminal, the first LNG facility to be built in Panama, is located near the Caribbean entrance of the Panama Canal. The import jetty is designed to receive LNG vessels in the range of 30,000m3 to 180,000m3.