Wednesday, December 7 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Gas News
Today's News
Yesterday's News
Week of Dec 05
Week of Nov 28
Week of Nov 21
Week of Nov 14
Week of Nov 07
By Topic
By News Partner
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Gas News > News Article

    Share by Email E-mail Printer Friendly Print

    Stabilis Solutions Receives DOE Approval to Export LNG


    September 23, 2022 - ENP Newswire

     

      HOUSTON, TX - Stabilis Solutions, Inc., ('Stabilis') (NASDAQ:SLNG), announced that it has received authorization from the U.S. Department of Energy ('DOE') to export domestically produced liquefied natural gas ('LNG') to all free trade and non-free trade countries, including Asian, European, and Latin American importing nations. Under the DOE's order, Stabilis received authority to export on its own behalf, or as agent for others, up to the equivalent of 51.75 billion cubic feet per year of domestically produced LNG. The authorization is for a term of 28 years.

      'The DOE's approval provides us with the ability to assist in the world's current energy crisis as well as longer term capabilities to facilitate the world's transition to cleaner energy sources,' said Westy Ballard, President & Chief Executive Officer of Stabilis, 'and we look forward to working with our customers to commercialize these exciting export opportunities.'

      About Stabilis

      Stabilis Solutions, Inc. is a leading provider of clean energy production, storage, and delivery solutions to multiple end markets across North America. To learn more, visit www.stabilis-solutions.com.

      Contact:

      Investor

      Andrew Puhala

      Chief Financial Officer

      T: 832-456-6502

      E: ir@stabilis-solutions.com

    TOP

    Other Articles - Generation


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.