Chart to Provide LNG Equipment to PetroChina

Chart to Provide USD 40 Mln Worth of LNG Equipment to PetroChina

Chart Industries, a leading independent global manufacturer of highly engineered equipment used in the production, distribution, storage, and end-use of hydrocarbon and industrial gases, said that its wholly-owned China operating subsidiary has been awarded a contract to provide self-contained liquefied natural gas (LNG) station modules, storage tanks, and vehicle tanks for LNG service to PetroChina.

The station modules comprise an integrated storage tank and fuel dispenser in a single transportable package, which can be readily relocated to a new location when station volume expands supporting a larger capacity permanent installation at the fuel station site.

The contract value of this order is approximately $40 million. “This award further validates our capacity expansion efforts to address the substantial LNG infrastructure build-out that has been occurring. We are very pleased to have been awarded this contract for equipment in China and look forward to the continuation of our work with PetroChina on their LNG efforts,” stated Tom Carey, President of Chart’s Distribution & Storage Group.

LNG World News Staff, February 28, 2013