Chart receives FNTP on Plaquemines Phase 1 LNG terminal project
3/4/2022
Chart Industries, Inc. has received full notice to proceed (FNTP) for the production of cold boxes and brazed aluminum heat exchangers for Venture Global’s 10 MMtpy Plaquemines Phase 1 LNG export terminal project.
In conjunction with the FNTP, Chart booked the full equipment order of $136 MM for the Plaquemines project from Baker Hughes. Chart will begin recognizing revenue on this project in 2022 with a multi-year staggered delivery schedule.
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