on Stabilis Solutions (NASDAQ:SLNG)
Stabilis Solutions Secures Three-Year LNG Supply Deal with Aerospace Firm
Stabilis Solutions, a Houston-based clean fueling provider, has announced a three-year take-or-pay agreement with a current aerospace customer at the John C. Stennis Space Center in Mississippi. Effective January 1, 2027, through December 31, 2029, the customer will commit to purchasing a minimum of 230,000 gallons of LNG per month, with potential to increase to 260,000 gallons monthly.
Under this deal, Stabilis plans to utilize its liquefaction facility in Port Allen, Louisiana, to supply the LNG. This collaboration marks an extension of their existing partnership since 2024. With growing demand in the aerospace market, driven by launch and testing activities, Stabilis aims to secure its position as a reliable supplier by delivering high-purity LNG.
Casey Crenshaw, Stabilis' Executive Chairman and Interim CEO, emphasized that the deal enhances visibility into growth across key markets in 2027, alongside a new data center contract.
R. E.
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