CSE Global secures $160.71m of LNG electrification contracts in US
The contracts cover power distribution and control systems work.
CSE Global Limited has secured three contracts in the United States worth a combined $160.71m (US$124.6m) for Liquefied Natural Gas (LNG) projects, according to a company announcement. The contracts cover electrification and control systems for LNG facilities.
The scope includes the design and manufacturing of power distribution centres, as well as the integration of electrical and control systems and equipment for the LNG market. The contracts are scheduled for execution between 2026 and 2028, the company said.
CSE Global said the contracts will contribute to its financial performance over FY2026 to FY2028, but added that they are not expected to have any material impact on consolidated net tangible assets per share or earnings per share for the current financial year.
The company said none of its directors or substantial shareholders has any direct or indirect interest in the contracts.
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