Stabilis Solutions Inks Three-Year LNG Supply Deal With Current Commercial Aerospace Client In Mississippi Through December 2029
Benzinga Newsdesk 6 hours ago
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Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq:SLNG), a leading provider of clean fueling, production, storage, and last mile delivery solutions, today announced a three-year take-or-pay
Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq:SLNG), a leading provider of clean fueling, production, storage, and last mile delivery solutions, today announced a three-year take-or-pay LNG supply agreement with an existing commercial aerospace customer in support of its operations at the John C. Stennis Space Center in Hancock County, Mississippi. The take-or-pay commitment covers January 1, 2027 through December 31, 2029. Under the agreement, the customer will purchase its LNG requirements at the site from Stabilis, with a minimum commitment of 230,000 gallons per month and monthly volumes of up to 260,000 gallons. Stabilis expects to supply the customer primarily from its owned liquefaction facility in Port Allen, Louisiana. Stabilis has supplied LNG to the customer at Stennis since 2024.
