Chart Receives $47 million LNG Liquefaction Plant Order

Chart Industries | March 17, 2021

Chart has received Notice to Proceed on the engineering work for New Fortress Energy’s (“NFE”) (NASDAQ: NFE) mid-scale 1.4 MTPA LNG offshore liquefaction project. The project is expected to be completed by the end of 2022 and will include our patented ISPMR® process technology, brazed aluminum heat exchangers, cold boxes, heavy hydrocarbon removal system and air-cooled heat exchangers.

“We are excited to partner with New Fortress Energy on this unique, first-of-a-kind offshore liquefaction system,” stated Jill Evanko, Chart’s President and CEO. “NFE continues to be an industry leader with a strategic approach to the clean energy transition and the entire value chain.”

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