"For LNG, we still expect 100 mtpa of FIDs (final investment decision) between 2024 and 2026, a level that would increase global capacity to our long-standing forecast of 800 mtpa ...
Venture Global to provide modularized LNG systems and a power island.
Additionally, Baker Hughes received an award from competitor Bechtel for the first phase of Woodside’s Louisiana LNG project.
This phase will include two Baker Hughes liquefaction compression trains with a capacity of 11 mtpa.
Discussing the LNG orders later during the call, Simoneli said that “we’re going to see LNG come back. And obviously, LNG orders increasing over 2024.”
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