LNG

May 14 (LNGJ) - Chiyoda Corp. said LNG engineering projects now comprise 78 percent of its backlog which amounts to 1,406 billion yen ($12Bln).  Its full-year revenues for fiscal 2015 amounted to 481 billion yen ($4Bln) compared with 446Bln yen for fiscal year 2014, a rise of 7.8 percent. The Yokohama-based company said its LNG work was continuing for export projects in Australia, the US, Qatar and Russia and for import terminals in Japan. "Chiyoda has made favourable progress in its core business of LNG," the company said in its latest earnings report. "We continue to seize the moment, look at the horizons and open up new frontiers, responding quickly to unexpected movements such as the plunge in oil prices," it added. The company said it expected to build on more LNG business opportunities through the 2016 fiscal year and beyond.