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Shell Opens First Of 20 Liquefied Natural Gas(LNG) Fueling Stations With Chart Industries Equipment

Stocks in this article: GTLS

CLEVELAND, May 5, 2014 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (Nasdaq:GTLS), a leading independent global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases, announced today the opening of the first of 20 retail liquefied natural gas (LNG) fueling stations it has been selected by Shell to design, manufacture and commission.

The Ontario, Calif. station will be open to the public and features two fueling lanes that will sell LNG to heavy-duty road transport customers. The remaining contracted LNG fueling stations will be built across North America in a phased approach, based on customer demand at existing truck stop sites with the intention of adding dispensers alongside existing diesel fueling lanes.

"Our strategic partnership with Shell to expand the nationwide LNG fueling network is evidence of the demand for alternative fuels from commercial customers," said Bill Haukoos, President of Chart Distribution & Storage Americas. "Chart has a strong reputation for innovative, customer-focused solutions and we've worked extensively to design and build a station to meet Shell's request for a new global standard in LNG fueling."

The LNG fueling stations will be fully automatic, have a low working pressure and be sized to fill 100 to 150 trucks per day with two LNG dispensers. The 20 fueling stations were ordered in 2013.

Chart Industries is a worldwide leader in LNG equipment, positioned to address the entire LNG equipment supply chain including small-, mid-, and global-scale LNG liquefaction plants, complete LNG fueling stations, LNG transport equipment, and on-board LNG vehicle fuel systems. Chart's equipment is used in hundreds of LNG fueling systems and is branded with decades of global experience, quality workmanship and reliable customer service. To learn more, visit www.ChartLNG.com .

Chart is a leading independent global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases. The majority of Chart's products are used throughout the liquid gas supply chain for purification, liquefaction, distribution, storage and end-use applications, the largest portion of which are energy-related. Chart has domestic operations located across the United States and an international presence in Asia, Australia and Europe. For more information, visit:  http://www.chartindustries.com.

CONTACT: Ken Webster
         Vice President, Chief Accounting
         Officer and Controller
         216-626-1216
         Ken.Webster@chartindustries.com
         
         Jim Fischman
         Director of Investor Relations and
         Financial Planning
         216-626-1216
         Jim.Fischman@chartindustries.com

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