Baker Hughes (BKR) to supply gas compression and power generation for ST LNG terminal; first LNG targeted in Q2 2030

Baker Hughes' commitment to supply gas compression and power generation for the ST LNG terminal signals a strategic move into the expanding LNG market, potentially enhancing its revenue streams ahead of the terminal's expected operations starting in 2030. This partnership not only indicates growth prospects for Baker Hughes but also reflects broader trends in energy investments as demand for LNG continues to rise globally.