Stabilis Solutions Receives DOE Approval to Export LNG

Source: www.gulfoilandgas.com 9/21/2022, Location: North America

Stabilis Solutions, Inc., 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."


Australia >>  12/7/2022 - Woodside Energy (Bass Strait) Pty Ltd (Woodside) has entered into a gas sales agreement (GSA) with Qenos Pty Ltd (Qenos) for the supply of natural gas...
Germany >>  12/5/2022 - Trafigura, a market leader in the global commodities industry, has entered into a USD3 billion four-year loan jointly arranged and underwritten by Deu...

Germany >>  12/2/2022 - An agreement with the German government on compensation for losses incurred in connection with the replacement procurement costs from the delivers con...
United States >>  12/1/2022 - - The agreement includes a 20-year commitment for 1.4mtpa from the Phase 1 project alongside a non-binding agreement for an additional 0.2mtpa from Ph...

Australia >>  11/29/2022 - Santos is pleased to announce it has agreed binding terms to extend its current gas supply agreement with Brickworks, with the new long term agreement...
Qatar >>  11/29/2022 - QatarEnergy announced the signing of two long-term LNG sale and purchase agreements (SPAs) between QatarEnergy and ConocoPhillips affiliates for the d...




Gulf Oil and Gas
Copyright 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.