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KTJV, a KBR Joint Venture, Selected for Lake Charles LNG Project

LAKE CHARLES, LA — KBR announces that KTJV, a KBR and Technip Energies joint venture, has been selected by Lake Charles LNG Export Company, a subsidiary of Energy Transfer LP, for its Lake Charles LNG transformation project.

Under the terms of the agreement, KTJV will provide engineering, procurement, construction management, construction, commissioning, startup, and other related services, subject to Lake Charles LNG's decision to issue a notice to proceed for the project.

The project would transform Energy Transfer's existing import facility into an LNG export facility that meets the world's growing LNG and energy security demands. This conversion would include the delivery of three liquefaction trains and modifications to existing storage and dock facilities designed to enable the export of 16.45 metric tons per annum of LNG.

"KBR is proud to work with Energy Transfer and Lake Charles LNG to support the development of this world-class LNG facility alongside our joint venture partner," said Stuart Bradie, KBR President and CEO. "Lake Charles LNG will help bolster global energy security, and it will be designed to be one of the most efficient and cleanest operating facilities in the United States. Lake Charles LNG is yet another example of how we are committed to helping our clients accomplish their business objectives in line with our strategy and lower-risk business model."

"Lake Charles LNG is pleased to obtain the commitment of two world-class companies to be the engineering, procurement, and construction contractor for our liquefaction project," Tom Mason, President of Lake Charles LNG. "The structure of the contract provides alignment between KTJV and Lake Charles LNG to achieve a high-quality, cost-effective project."

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