Gas
Baker Hughes expects LNG equipment orders to reach $5 billion this year
CEII brief
LNG Prime reported on 29 Oct 2026: Baker Hughes expects LNG equipment orders to reach $5 billion this year.
Read the full story on LNG PrimeUS energy services firm Baker Hughes expects LNG equipment orders to reach $5 billion in 2026, according to CEO Lorenzo Simonelli.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
21.9% of electricity in the world came from gas in 2024Original reporting © LNG Prime. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
