Stabilis secures US LNG export approval

Houston-based small-scale LNG player Stabilis Solutions said it has received authorization from the US Department of Energy to export domestically produced liquefied natural gas.

The approval includes all free trade and non-free trade countries, including Asian, European, and Latin American importing nations, according to a Stabilis statement.

Under the 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 LNG.

The authorization is for a term of 28 years.

Stabilis did not provide any additional information.

“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,” Westy Ballard, president and CEO of Stabilis, said in the statement.

“We look forward to working with our customers to commercialize these exciting export opportunities,” Ballard said.

ISO containers and small LNG carriers

According to the DOE order, Stabilis intends primarily to purchase LNG from existing LNG facilities in the US and export it in ISO containers.

Stabilis is also considering use of smaller LNG carriers with a maximum capacity of between 5,000 and 10,000 cubic meters to transport LNG.

The company currently delivers LNG by trucks to its customers in North America. It operates two small liquefaction plants in George West, Texas and Port Allen, Louisiana to service customers in Texas and the greater Gulf Coast region.

These two facilities have a combined capacity of about 130,000 gallons of LNG per day. Stabilis also buys LNG from other suppliers.

Last year, the firm signed several deals with ports in Texas and in Louisiana as it looks to boost its LNG bunkering business.

These include the Port of Port Arthur, the Cameron Parish Port, Harbor & Terminal District, Port Isabel Logistical Offshore Terminal, the Port of Galveston, and the Port of Corpus Christi.

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