Stabilis Solutions Inc., which produces and distributes small-scale liquefied natural gas (LNG), said Wednesday it has three long-term sales contracts that represent up to 40% of the liquefaction capacity at its George West, TX, plant. 

Stabilis

The company said the contracts are with customers in the infrastructure and mining markets. Combined with existing contracted and uncontracted sales, Stabilis projects that utilization at its George West Plant should be near 100%. The plant is about 57 miles from Corpus Christi on the coast. 

“After a brief pandemic-driven slowdown in 2020, customer inquiries and sales have grown rapidly, culminating in record fourth quarter 2020 sales at Stabilis,” said CEO Jim Reddinger.  “We believe that these new orders will allow our LNG production...