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JGC Holdings' Subsidiary Selected as Preferred Candidate for Contract Negotiations for Large-Scale Low-Carbon LNG Plant Construction Project in Papua New Guinea

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AI Summary (NQ-processed)

JGC Holdings' subsidiary has been selected as a preferred candidate for contract negotiations for a low-carbon LNG plant construction project in Papua New Guinea.

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Frequently Asked Questions

Q: What is the purpose of this project?
A: To construct a low-carbon LNG plant using natural gas from Papua New Guinea as feedstock, expanding the country's LNG production capacity.
Q: What is "E-Drive"?
A: It's a technology that drives LNG plant refrigerant compressors with electric motors instead of conventional gas turbines, contributing to CO2 emission reduction.
Q: When is the formal contract expected?
A: The formal EPC contract is expected to become effective after the Final Investment Decision (FID), which is scheduled for 2026.