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Chart Industries, Indian Oil to jointly pursue LNG development

Mar. 19, 2019 4:40 PM ETChart Industries, Inc. (GTLS) StockBy: Carl Surran, SA News Editor2 Comments
  • Chart Industries (NYSE:GTLS) says it signed an MoU with Indian Oil Corp. to jointly develop the liquefied natural gas market in India.
  • The companies say they will focus on modular liquefaction, regasification applications, LNG bunkering for barges and other marine applications, LNG vehicle fueling stations and other opportunities.
  • "The LNG opportunity in India is significant, as evidenced by the government’s commitment for clean fuel, and the double-digit LNG growth forecasts," says GTLS President and CEO Jill Evanko.

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