# Daewoo E&C and SK Ecoplant win LNG terminal construction contract in Ulsan

Daewoo Engineering & Construction and SK Ecoplant (formerly SK Engineering & Construction) signed a contract with Korea Energy Terminal for the construction of the Ulsan North Port petroleum products and liquefied gas terminal Phase 3 LNG package. The project includes one 215,000 kL LNG tank and vaporization/send-out facilities with an annual capacity of about 1 million tons, with a contract value of approximately KRW 220 billion (about USD 170 million). Construction runs from August 2022 to April 2026.

- Type: Contract
- Announced: 2022-07-27
- Where: Ulsan North Port, Ulsan, South Korea
- Value: $170.0M (220.0B KRW)
- Status: announced
- Capacity: 215,000 kL LNG tank; 1 million tons/year vaporization capacity
- Products: LNG storage tank, vaporization and send-out facilities
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Daewoo Engineering & Construction](https://endata.com/companies/2002.md)
- [SK Ecoplant](https://endata.com/companies/56140.md) (partner)
- [Korea Energy Terminal](https://endata.com/companies/64377.md) (customer)

## Sources

- [yna.co.kr](https://www.yna.co.kr/view/AKR20220727060400003), 2022-07-27: "대우건설은 SK에코엔지니어링과 함께 코리아에너지터미널에서 발주한 '울산 북항 석유제품·액화가스 터미널 3단계 LNG 패키지 건설공사'에 대한 계약을 체결했다"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.