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28-12-2023

Chart Industries announces LNG awards

Chart Industries Inc, a leading global engineering design firm and manufacturer of highly engineered equipment servicing multiple applications in clean energy and industrial gas markets announces the recent receipt of multiple LNG-related awards, including:

- 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 our third quarter 2023 press release 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.

“As anticipated, we continue to see strong market and award activity across the four pillars of our LNG strategy, including Big LNG, small scale and floating LNG, infrastructure, and service & repair,” stated Jill Evanko, Chart’s CEO and President. “Not only do our recent orders cover all four LNG categories, but they include commercial synergy wins with both Chart and Howden content. 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.”

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