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GTLS - Chart Industries receives FNTP for Cheniere's Corpus Christi LNG project
Chart Industries Inc.
Chart Industries (NYSE:GTLS) can proceed for its IPMSR® process and equipment activities to be used in Cheniere’s Corpus Christi Stage Three liquefied natural gas export terminal project. In conjunction with the FNTP, Chart booked an order valued at over $260M, which is in addition to the ~$50M already in backlog as of March 31, 2022 for this project. Chart will begin recognizing revenue on this project in 2022 with a multi-year staggered delivery schedule.