Skip to main content

Prometheus Energy Group, Inc. expands its LNG distribution footprint in North America

Published by
LNG Industry,


Prometheus Energy Group, Inc., has announced its signing of definitive agreements to acquire Stabilis Energy's LNG distribution and services business in North America outside of the Texas and Gulf Coast regions.

The transaction further expands Prometheus' ability to better serve customers in the gas utility, pipeline, energy, process and remote power generation markets. Included in the transaction, Stabilis Energy will acquire Prometheus' 20 000 gpd LNG production facility in Lisbon, Utah. The terms of the transaction were not disclosed.

"We believe this further strengthens our platform providing LNG supply, distribution and technical services to customers across all of North America and specifically within the Rocky Mountain Region," said Jim Aivalis, CEO and President of Prometheus. "This transaction allows Prometheus to focus on its core competencies of providing total natural gas fuel and delivery solutions to customers utilising LNG or CNG."

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/27092017/prometheus-energy-group-inc-expands-its-lng-distribution-footprint-in-north-america/

You might also like

LNG Fuel 2020

LNG Fuel 2020

LNG Fuel 2020 is an online conference for professionals in the 'LNG as a marine fuel' sector. Since this is a completely virtual conference, you can join us from anywhere in the world, absolutely free. Register for free today »

 
 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

US LNG news