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Stabilis announced via its social media that it has received the letter from the Coast Guard following their formal review of its proposed Galveston LNG facility and associated waterfront LNG loading, marine transportation, and LNG bunkering operations in the Port of Galveston.
“This critical endorsement of our project from the USCG Captain of the Port to the Port of Galveston and the Galveston Fire Marshal comes after a rigorous safety and security review process,” it said.
“This included a comprehensive evaluation of the potential risks, including navigation hazards, vessel traffic density impacts, emergency response capabilities, maritime security threats, and application of appropriate mitigation measures,” Stabilis said.
The company said this marks a “significant” regulatory and project milestone.
“The proposed Stabilis Galveston LNG facility is anticipated to be in production by the third quarter of 2028, complete with the delivery of the first new-build, dedicated Jones Act-compliant LNG bunker barge in the Galveston/Houston area,” the company added.
FID
However, Stabilis is yet to make a final investment decision on the project.
The company previously expected to make FID on its planned flagship liquefaction facility by the end of the first quarter of this year.
In April this year, Stabilis terminated its previously announced 10-year agreement with a “leading investment-grade global marine operator” to supply LNG from the company’s planned Galveston liquefaction facility.
The company announced the LNG deal with the unnamed firm in October last year, marking the company’s first marine bunkering contract for its proposed 350,000 gallon-per-day Galveston liquefaction facility.
The agreement included the supply of approximately 50 million gallons of LNG per year, roughly 40 percent of the facility’s planned liquefaction capacity, with minimum volume commitments of approximately 32 percent of planned capacity.
Moreover, Canada’s Seaspan Energy recently exercised an option to terminate its previously signed charter agreement with Stabilis for the 7,500-cbm LNG bunkering vessel Seaspan Garibaldi.
In December 2025, Stabilis entered into a two-year time charter deal with Seaspan Energy for the latter’s LNG bunkering vessel, starting in March this year.
In addition, Stabilis had an option to buy the LNG bunkering vessel.
Stabilis initially chartered the LNG bunkering vessel to support its client in Galveston.
