Chart Signs Another Liquefied Natural Gas Agreement

Chart Industries Inc. has received a second order from PetroChina for the provision of liquefied natural gas (LNG) refueling stations, self-contained LNG station modules, LNG storage tanks and trailers for LNG service.

This new $45 million contract follows the companies' first agreement: a $40 million deal signed in February. Chart Distribution & Storage (D&S) will fulfill the contracts.

‘This award highlights the continuing LNG infrastructure build-out that has been occurring in China, and we are very pleased PetroChina again has chosen Chart as an integral part of their LNG projects,’ says Tom Carey, president of Chart D&S.

The new order will be included in the company's second-quarter 2013 orders and backlog.

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