Stabilis Solutions Extends LNG Fuel Contract to Boost Grid Resiliency

HOUSTON, TX – Stabilis Solutions Inc. has announced an extension of their LNG supply agreement to support grid resiliency. The agreement involves the provision of up to 9.5 million gallons of LNG, which is expected to generate around 23 megawatt-hours of power for Gulf Coast communities through June 2025. This initiative underscores Stabilis Solutions' commitment to enhancing clean energy infrastructure and its role in the behind-the-meter clean energy sector.

President and CEO Westy Ballard highlighted the company's strategic focus on turnkey clean fueling and power generation solutions across various sectors, including aerospace and marine. Ballard believes that the evolving technology landscape and increasing domestic energy demand necessitate robust, flexible power solutions outside traditional energy infrastructures. This extension aligns with the company’s long-term strategy of securing multi-year, high-value contracts.

In 2023 alone, Stabilis supplied LNG to produce about 236,000 megawatts of energy to the power generation sector, which accounted for 25% of its total revenue. The company anticipates further growth driven by demands in data centers, manufacturing, and industrial sectors, as well as weather-related and emergency relief needs.