Chart Industries has signed a letter of cooperation with ExxonMobil India and Indian Oil Corporation (IOCL) to pioneer virtual pipelines to accelerate gas access in India.
Virtual pipelines deliver LNG by road, rail, and waterways not connected by physical pipelines.
“We believe this collaboration with ExxonMobil, a major LNG supplier with a local presence in India, coupled with our ongoing work with IOLC will accelerate India’s ability to offer a cleaner energy solution within the growing cities and networks,” said Jill Evanko, Chart’s President and CEO.
“We are excited to offer our cryogenic equipment to support what each party in this collaboration believes will accelerate clean energy progress while doing so with localised equipment manufacturing in India.
In early 2019, Chart signed a Memorandum of Understanding (MoU) with IOLC to promote the development of the LNG market in India, focusing on modular liquefaction, regasification applications, LNG bunkering, fuelling stations and alternative LNG mobile transportation.
The letter of content announced this week expands the reach and potential scale within a significantly growing country that has committed to clean energy options.
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