Small-scale LNG producer Stabilis Solutions Inc. expects the fuel’s use in commercial rocket launches to rapidly expand over the next several years, creating more demand and incentives to grow its liquefaction capacity. Houston-based Stabilis recently disclosed it expects demand for high-purity liquefied natural gas to grow 40% year/year in 2024 as the pace of rocket…
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Stabilis Signs MOUs to Expand LNG Bunkering Footprint Along Gulf Coast
Stabilis Solutions Inc. has entered memorandums of understanding (MOU) with the Port Isabel Logistical Offshore Terminal (Pilot) in Texas and Louisiana’s Cameron Parish Port, Harbor & Terminal District (CPP) to develop liquefied natural gas (LNG) refueling services for ships calling on the facilities. Stabilis has now signed on with four ports in recent months to…
Stabilis Targeting First Gulf Coast LNG Fueling Event for Later This Year
Small-scale liquefied natural gas (LNG) supplier Stabilis Solutions Inc. expects its first marine fueling events on the Gulf Coast to happen later this year after recently adding several projects to its portfolio. CEO James Reddinger said last week the company is poised to benefit from expected growth in the bunkering sector as vessel owners move…
Stabilis Expands LNG Bunkering Footprint With Louisiana Acquisition
Houston-based Stabilis Solutions Inc. is expanding its reach in the growing liquified natural gas (LNG) bunkering sector with the acquisition of a production facility in Port Allen, LA. The fuels specialist said Tuesday it had completed the acquisition of the facility from HR Nu Blu Energy LLC for an undisclosed amount. The small-scale plant came…
Corpus Christi Port, Stabilis to Partner on LNG Fueling Solutions
Houston-based Stabilis Solutions Inc. has entered into a memorandum of understanding (MOU) with the Port of Corpus Christi Authority in South Texas to use liquefied natural gas (LNG) as a marine fuel. The Port of Corpus Christi and Stabilis have committed to providing customer education and technical support, as well as grant funding opportunities to…
Stabilis Sees Double-Digit Growth Opportunity for Mexico’s Small-Scale LNG Market
Stabilis Energy LLC sees Mexico’s small-scale liquefied natural gas (LNG) market growing in “double digits” in the coming years, CEO Jim Reddinger said Wednesday. The opportunities were discussed during a webinar organized by LDC Gas Forums. Although pipeline buildout in Mexico and across the U.S. border has been swift since 2014, “a lot of the…
Stabilis Energy Completes Purchase of LNG Distributor Prometheus
Beaumont, TX-based Stabilis Energy LLC has completed the purchase of a majority interest in Prometheus Energy Group Inc., a leading turnkey natural gas fueling firm that last September announced its intention to buy Stabilis. The terms and value of the deal were not made public by the privately held companies.
Stabilis Buying Small-Scale LNG Facility in Utah
Beaumont, TX-based Stabilis Energy LLC said Tuesday it would buy for an undisclosed amount Prometheus Energy’s 20,000 gallon/day small-scale liquefied natural gas (LNG) production facility in Lisbon, UT.
Oil Patch LNG Venture Picks Eagle Ford for First Project
Stabilis Energy and Koch Industries unit Flint Hills Resources LLC plan to build up to five liquefied natural gas (LNG) liquefiers to serve oilfield fuel consumers. Their first project is slated for the Eagle Ford Shale.