Chart Industries, Inc. has announced that its Distribution & Storage (“D&S”) business in China has been awarded a contract to provide self-contained liquefied natural gas (LNG) station modules to Kunlun Energy Investment, a wholly owned subsidiary of PetroChina’s Kunlun Energy.
The contract value of this order is in excess of $50 million and is in addition to the $45 million PetroChina order the company received and announced in April 2013. “This is the third major award from PetroChina in the last several quarters which highlights their continuing commitment to the LNG infrastructure build-out in China and we are very pleased they have chosen Chart again in recognition of our quality and product capabilities,” stated Tom Carey, President of Chart’s D&S Group. This new order is not included in the company’s second quarter 2013 orders and backlog.
Chart is a leading independent global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases. The majority of Chart’s products are used throughout the liquid gas supply chain for purification, liquefaction, distribution, storage and end-use applications, the largest portion of which are energy-related. Chart has domestic operations across the United States and an international presence in Asia, Australia and Europe.
