US energy technology company Baker Hughes is getting closer to notifying its acquisition of Chart Industries to the European Commission (EC), according to two sources close to the deal.

Notification is currently expected in April, both sources said.

Prenotification discussions have progressed, and the company has submitted volumes of information in response to requests for information about potentially affected markets.

The first of the sources said the EC sees the parties’ portfolios as largely complementary, but is looking into non-horizontal relationships between the parties relating to the construction of LNG liquefaction plants. However, as this news service previously reported, there is little demand for those products in the EU because Europe does not have many sources of natural gas.

In addition, several market players have complained that the merged entity could use Baker Hughes’ dominant position in the supply of compressors to favor Chart’s liquefaction process technology and equipment, this source said.

The transaction has been cleared in a number of jurisdictions around the globe, with expiry of the waiting period in the United States and via the simplified procedure in China. In January, the company also won the EC’s approval under its foreign subsidies regulation.

Baker Hughes is a Texas-based company that provides exploration and production products and services to the oil and gas industry. In July 2025, it bested an offer by the company Flowserve to acquire Chart Industries for an enterprise value of USD 13.6bn.

Chart Industries is a global manufacturer of highly engineered cryogenic and compression equipment it says are used in every phase of the liquid gas supply chain, including upfront engineering, service and repair.

In announcing the deal, Baker Hughes said it is expected to be completed by mid-year 2026.

The European Commission and Baker Hughes declined to comment. Chart Industries did not reply to a request for comment.