ExxonMobil, Indian Oil and Chart Industries Letter of Cooperation

Chart noted in early 2019 the company signed a Memorandum of Understanding with Indian Oil Corporation to promote the development of the LNG Market in India. This Letter of Cooperation expands the reach and potential scale within India. 

“We believe this collaboration with ExxonMobil, a major LNG supplier with a local presence in India, coupled with our ongoing work with IOCL will accelerate India’s ability to offer a cleaner energy solution within the growing cities and networks," said Jill Evanko, Chart’s President and CEO. “We are excited to offer our cryogenic equipment to support what each party in this collaboration believes will accelerate clean energy progress while doing so with localized equipment manufacturing in India.”