Chart nabs LNG orders
January 02, 2024
Company touts progress across ‘four pillars’ of LNG strategy
Chart Industries reports it has received orders for equipment for several liquefied natural gas (LNG) projects.
The company said it continues to see strong market and award activity across what it calls the four pillars of its LNG strategy: Big LNG, small scale and floating LNG, infrastructure, and service & repair.
Awards include:
- IPSMR liquefaction technology for two modular trains of a multi-train international Big LNG project (this project is not related to the international Big LNG IPSMR project that was referenced in the company’s third quarter 2023 which is expected to be added to backlog approximately one year from now);
- IPSMR liquefaction technology for a mid-scale plant in Asia Pacific;
- North American small-scale LNG nitrogen cycle technology and associated equipment;
- Various LNG infrastructure related orders, including tanks, fueling stations in Europe, and Morocco’s first LNG regasification units;
- Repair and service work at a Middle East LNG project.
“Not only do our recent orders cover all four LNG categories, but they include commercial synergy wins with both Chart and Howden content,” said Jill Evanko, Chart’s CEO and president. ”Further, our LNG commercial pipeline remains strong as we see a clear shift in customers’ preference for our modular solution which drives multiple awards across many years as projects are developed.”