Chart Industries has announced that its wholly owned China operating subsidiary has been awarded a contract to provide self-contained 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.
The deal, valued at $4.4bn, will further strengthen Shell’s position as a leader in the LNG industry. Shell will also assume and consolidate balance sheet liabilities reflecting leases for LNG ship charters of currently $1.8bn.
Houston, Texas, based Thigpen Energy has selected Chart for the provision of LNG fueling equipment and supplies – with construction already underway. Earlier this week it was announced that the company’s eastern European outfit, Chart Ferox, was chosen to construct LNG filling station in Poland.
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