Chart Receives Full Notice to Proceed for Cheniere’s Corpus Christi Stage 3

Source: www.gulfoilandgas.com 6/23/2022, Location: North America

Chart Industries, Inc. has received full notice to proceed (“FNTP”) for our IPMSR® process and equipment activities to be used in Cheniere’s Corpus Christi Stage Three liquefied natural gas (LNG) export terminal project.

In conjunction with the FNTP, Chart booked an order valued at over $260 million, which is in addition to the approximately $50 million already in backlog as of March 31, 2022 for this project. The orders were received from Bechtel. Chart will begin recognizing revenue on this project in 2022 with a multi-year staggered delivery schedule.


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