CEO: Baker Hughes expects more than 80 mtpa of LNG FIDs in 2025 and 2026

US energy services firm Baker Hughes expects more than 80 mtpa of LNG FIDs in 2025 and 2026, following a record year of offtake contracting last year, according to CEO Lorenzo Simonelli. “For LNG, we still expect 100 mtpa of FIDs (final investment decision) between 2024 and 2026, a level that would increase global capacity…

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