While regulatory uncertainty has clouded the outlook for large U.S. export projects, Chart Industries Inc. reported lower global prices and a continued rise in demand is driving an uptick in international LNG and natural gas projects this year.

Management of the Atlanta-based specialty equipment manufacturer told analysts during a recent 1Q2024 call that liquefied natural gas “activity continues, regardless of the U.S. LNG pause.” According to the company, there are at least 30 large projects on the horizon worth $8.76 billion. Of those developing export facilities that Chart is tracking, 15 are outside of the United States.

CEO Jillian Evanko said the firm also saw a growing number of orders from gas-linked sectors during the first three months of the year, including “