- 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.