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L&T wins US$300 million gas project in Saudi Arabia

Gas

India’s Larsen & Toubro (L&T) has announced that Saudi Aramco has awarded it a contract worth US$300mn to build a gas plant in Saudi Arabia

The plant, to be built for Midyan Gas Fields, will have a daily capacity to process 2.1mn standard cubic metres of gas and 4,500 barrels of condensate, the company said.

K Venkataramanan, managing director at L&T, said, “We have been doing some pipeline projects in Saudi Arabia.

“We are now aggressively bidding for mega hydrocarbon projects, and such projects worth over US$3bn will be coming for bidding this year in Oman, Malaysia and other places. We are hopeful of bagging a few more orders this year,” he added.