← Back to News
energy

CB&I Secures Multimillion-Dollar LNG Storage Contract for Major Louisiana Export Project

By MGN EditorialJune 1, 2026 at 06:00 PM

CB&I has been awarded a multimillion-dollar contract to design and build multiple LNG storage tanks for a $13 billion export terminal under development in Louisiana, marking a significant milestone for US LNG infrastructure expansion.

## CB&I Wins LNG Storage Deal for $13 Billion Louisiana Export Terminal CB&I, the storage facilities and terminal specialist owned by a consortium of financial investors led by Mason Capital Management, has secured a multimillion-dollar contract for the design and construction of multiple liquefied natural gas (LNG) storage tanks, according to Offshore Energy. The assignment is tied to a $13 billion LNG export project currently under development in Louisiana, underscoring continued momentum in US LNG infrastructure investment as global demand for American natural gas exports remains robust. CB&I is a well-established name in the engineering and construction of cryogenic storage systems, and its selection for this project reflects the technical complexity involved in large-scale LNG terminal development. LNG storage tanks of this nature require specialist expertise in materials engineering, insulation systems, and safety compliance — areas where CB&I has a long track record across domestic and international projects. ### US LNG Expansion Continues The Louisiana project is among several large-scale LNG export terminals in various stages of development along the US Gulf Coast, as American producers and project developers seek to capitalise on sustained international demand, particularly from European and Asian buyers looking to diversify away from Russian pipeline gas. Contracts of this scale — covering critical storage infrastructure — are typically awarded well in advance of final investment decisions or construction commencement, signalling that the project's backers are advancing development with confidence. The financial terms of the CB&I contract were not disclosed, though the designation 'multimillion-dollar' indicates a substantial scope of work consistent with the scale of the broader $13 billion terminal development. ### Infrastructure Investment Signal The award adds to a growing pipeline of LNG-related engineering and construction activity in the United States. For maritime industry stakeholders — including LNG carrier operators, terminal logistics providers, and bunkering infrastructure developers — the progression of new US export capacity represents a long-term driver of LNG shipping demand and port activity along the Gulf Coast. Further details on the project timeline and capacity are expected as the development advances through regulatory and financing stages.
#LNG#LNG export terminal#CB&I#Louisiana#LNG storage#US LNG#offshore energy#terminal construction#natural gas infrastructure

Related Articles

Maritime Industry Briefing: Clean Energy Developments in Commercial Transport

Recent energy sector news highlights advancing hydrogen fueling infrastructure for commercial fleets and growing momentum in utility-scale renewable energy development, both with implications for the broader maritime and port logistics sectors.

Jul 29, 2026

Energy Storage Developer Arevon Climbs Rankings as Utility-Scale Clean Energy Demand Grows

Arevon Energy has been ranked No. 2 among the nation's top solar and energy storage developers by Solar Power World, underscoring the accelerating build-out of utility-scale energy infrastructure with implications for shore power and maritime decarbonisation efforts.

Jul 29, 2026

Maritime Industry Briefing: Energy Sector Developments with Limited Direct Shipping Impact

This week's energy sector news cycle is dominated by land-based infrastructure and financial announcements, with few developments carrying direct implications for maritime operators and shipping markets.

Jul 29, 2026

Maritime Industry Briefing: Pelagic Credit Enters Dry Bulk With $47m Leaseback; BGN Launches US Bunkering Operations

Oslo-listed Pelagic Credit marks its dry bulk debut with a $47.4m Hartmann leaseback deal, while bunker supplier BGN establishes its first US retail marine fuel operation in Houston.

Jul 29, 2026

McDermott and ULC-Energy Partner to Advance Rolls-Royce Small Modular Reactor Projects in the Netherlands

Engineering firm McDermott and ULC-Energy have signed a cooperation agreement to support the development of Rolls-Royce Small Modular Reactor projects in the Netherlands, signalling growing industrial momentum behind SMR deployment in Europe.

Jul 29, 2026