Gas turbine engine has been applied to the aircraft and ship propulsion with its advantages of compactness and comparatively short starting time. With a significant improvement in gas turbine efficiency with development of super alloy materials and advancement in cooling technologies in the second half of 1990s, its importance as a source of base load as well as peak load power generation has been increasing. However, with increased demand in nuclear power and renewable energy in the 21st century, there seems to be speculations among the power generation industries that gas turbine will take more or less a buffering role supplementing the irregular inflow of electricity to the grid rather than acting as a base load power source. With the shift in the role of gas turbine from base to supplementary, CHP application based on small powered gas turbine utilizing biogas or syngas as its fuel is expected to increase in the future. In this context, this paper describes the development result of 5MW gas turbine engine for CHP application. It can be operated with LNG or syngas of low LHV fuel. Originally, the engine was designed for LNG as its primary fuel, but since the importance of syngas power generation market will be increasing in the future, a complementary work for modification of combustor part has been carried out and has been tested. However, this paper deals with the parts developed with the use of LNG fuel. The test result of emission characteristics meets the standards required in Korea. The development has been made through the cooperation of Doosan Heavy Industry (DHI, Korea) and Zory-Mashproekt (Ukraine).