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Stock impact report

Crown LNG Announces Selection of IKM Consulting Ltd as Engineering Design Partner for Grangemouth LNG Infrastructure Project

Crown LNG Holdings Limited - Ordinary Shares (CGBS) 
Company Research Source: GlobeNewswire
ST HELIER, Jersey, July 25, 2024 (GLOBE NEWSWIRE) -- Crown LNG Holdings Limited (“Crown” or “Crown LNG”), a leading provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, today announced that it has selected IKM Engineering & Environmental Consultants (“IKM”), an award-winning civil and structural engineering and environmental consultancy, as its partner for the design and engineering of its planned 100% owned floating LNG import terminal in the Firth of Forth, Scotland. The appointment represents a critical milestone as Crown advances toward Final Investment Decision (FID) for the Grangemouth project. The Grangemouth project, located on the east coast of Scotland, seeks to support the UK’s increasing drive for energy security post-Brexit and in the context of geopolitical impacts on energy markets. Currently, the UK relies on just three facilities for all of the country’s LNG imports, which increased 74% from 2021 to 2022. IKM’s mandate Show less Read more
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