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Bullboard - Stock Discussion Forum Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the... see more

TSX:NVA - Post Discussion

Nuvista Energy Ltd > Chart Industries to Supply Liquefaction Equipment for Cedar
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Post by Carjack on Apr 16, 2024 6:12pm

Chart Industries to Supply Liquefaction Equipment for Cedar

(P&GJ) — Chart Industries Inc. has been chosen to supply critical liquefaction equipment, including the natural gas liquefaction cold boxes and brazed aluminum heat exchangers, to the Cedar LNG project.

The Cedar LNG project brings together the Haisla Nation and Pembina Pipeline Corporation (Pembina) to develop the Haisla Nation-led project. The project is a key element of the Haisla Nation’s economic and social development strategy and will further advance reconciliation by allowing the Haisla Nation, for the first time ever, to directly own and participate in a major industrial development in its territory.

Chart received the order for its content, from engineering, procurement and construction (EPC) company Black & Veatch, a leader in the floating liquefied natural gas (FLNG) and a longstanding partner to Chart. This is one of a series of big LNG, FLNG and small-scale LNG projects in recent quarters and years that Chart has won content.

“The Cedar LNG project represents important first steps toward reducing carbon emissions through lower-carbon LNG facilities, which can supply customers looking to move away from more carbon-intensive feedstocks,” said Laszlo von Lazar, president of Black & Veatch’s Energy & Process Industries business.

During the first week of April 2024, Pembina and its project partners disclosed that they have given a notice to proceed to their Cedar LNG export project contractors and have secured binding offtake agreements for the project.

 
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