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22-03-2019

Chart Industries receives Calcasieu Pass LNG equipment order

Chart Industries, Inc, a leading diversified global manufacturer of highly engineered equipment for the industrial gas and energy industries, has booked a $135 million order for the cold box and brazed aluminum heat exchanger equipment content on Venture Global’s Calcasieu Pass liquefied natural gas (LNG) export terminal project.  On Tuesday March 19, 2019, the U.S. Federal Energy Regulatory Commission (FERC) approved Venture Global LNG Inc.’s request to proceed with full site preparation at its proposed 10 million tonnes per annum (MTPA) export terminal in Louisiana.

The booking of the full order for the Calcasieu project is the next step following our previously announced letter of intent from Baker Hughes, a GE company’s Turbomachinery & Process Solutions business for the full equipment offering of 18 cold boxes and heat exchangers for Calcasieu. We expect notices to proceed on the equipment builds beginning in May 2019.  Chart will deliver the equipment on a multi-year schedule in conjunction with Baker Hughes, GE and Kiewit.

“We are fully prepared to begin building the heat exchangers and cold boxes for the Calcasieu Pass project in our La Crosse, Wisconsin and New Iberia, Louisiana facilities,” stated Jill Evanko, Chart’s President and CEO.  “We are pleased to be working with strong partners on this project, and thank the Venture Global team for their confidence in Chart.  We are excited about this project as well as the upcoming potential build of the Plaquemines’ terminal, which is slated to be double the MTPA of Calcasieu.”
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