SEA\LNG has expanded its membership network in the US as it welcomes Houston-based Stabilis Energy.
Peter Keller, Chairman, SEA\LNG, commented: “Welcoming Stabilis Energy as a new member demonstrates SEA\LNG’s continued commitment within the ever expanding North American LNG market. LNG is growing in importance in both the energy and marine bunkering markets. Stabilis operates at the forefront of this expansion.”
Jim Reddinger, President and Chief Executive Officer at Stabilis Energy said: “LNG is an increasingly important part of the marine bunkering infrastructure throughout North America and across the globe. We specialise in producing LNG and delivering it to its last port of call, as it were, where it is ready for transfer to ocean-going vessels. As members of SEA\LNG we look forward to supporting this integral part of the growing LNG bunkering network throughout North America and beyond.”
To help fund growth plans and operating presence, as well as investments in LNG production and distribution, Stabilis has recently completed a number of initiatives, including: a public listing on the Nasdaq stock exchange (ticker symbol: SLNG); investment from Chart Industries; and two strategic transactions in Mexico.
Peter Keller continued: “Communication and collaboration across the LNG value chain is essential to breaking down barriers to the adoption of LNG as an important and economically viable marine fuel. It is encouraging to see Stabilis Energy engaging with its partners to strengthen the small scale LNG network. We look forward to working with them to expand LNG bunkering infrastructure in the Americas.”
Read the article online at: https://www.lngindustry.com/lng-shipping/28082019/sealng-grows-us-network-with-stabilis-energy/
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