Chart Industries, Inc., an independent global manufacturer of highly engineered equipment used in the production, distribution, storage and end-use of hydrocarbon and industrial gases, has announced that its Distribution & Storage (D&S) business in China has been awarded a new contract to provide liquefied natural gas (LNG) fueling stations, self-contained LNG station modules, storage tanks and trailers for LNG service to PetroChina Hua Gang Gas Group Co. Ltd., a joint venture between PetroChina Huabei Oilfield Company and PetroChina’s Kunlun Energy Company. This equipment supports PetroChina’s expansion of its growing LNG infrastructure in China.
The contract value of this order is in excess of $45 million and is in addition to the $40 million PetroChina order the Company previously announced in February. “This award highlights the continuing LNG infrastructure build-out that has been occurring in China and we are very pleased PetroChina again has chosen Chart as an integral part of their LNG projects,” stated Tom Carey, President of Chart’s D&S Group. This new order will be included in the company’s second quarter 2013 orders and backlog.
