Stabilis Solutions, Inc. has executed a 10-year agreement with a leading investment-grade global marine operator to supply Liquified Natural Gas (LNG) for marine bunkering operations at the Port of Galveston, the company said in a statement.
The company also discussed anticipated plans to construct an LNG liquefaction facility in Galveston, Texas.
The information was disclosed in a Form 8-K filing with the U.S. Securities and Exchange Commission under Item 7.01, Regulation FD Disclosure.
The company did not disclose the name of the marine operator, the financial terms of the agreement, or the timeline for the planned facility.
Stabilis Solutions, Inc. is a Florida-incorporated energy company engaged in the production, marketing, and distribution of liquefied natural gas (LNG).
