Stabilis Solutions announced today a 10‑year LNG supply agreement with a leading investment‑grade global marine operator to provide liquefied natural gas for bunkering operations at the Port of Galveston. The deal marks the company’s first marine bunkering contract for liquefaction supply from its planned expansion along the Texas Gulf Coast.
The agreement will supply LNG to the operator’s fleet, supporting the maritime industry’s shift to cleaner fuels. It underscores Stabilis’s strategy to capture high‑growth end markets such as marine bunkering by leveraging its mobile LNG fleet and liquefaction capacity.
The 10‑year term provides revenue stability and a foundation for future capacity investments, aligning with Stabilis’s plan to deploy additional liquefaction capacity at the George West facility and expand storage. The contract is a milestone for the company’s Gulf Coast expansion.
By securing a long‑term offtake agreement, Stabilis demonstrates its ability to justify capital expenditures and accelerate project timelines, positioning it as a first mover in the Gulf Coast marine bunkering market and potentially giving it a competitive advantage over larger infrastructure players.
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