Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Stabilis Solutions Receives DOE Approval to Export LNG By: ACCESSWIRE September 21, 2022 at 08:00 AM EDT HOUSTON, TX / ACCESSWIRE / September 21, 2022 / Stabilis Solutions, Inc., ("Stabilis") (NASDAQ:SLNG), today announced that it has received authorization from the U.S. Department of Energy ("DOE") to export domestically produced liquefied natural gas ("LNG") to all free trade and non-free trade countries, including Asian, European, and Latin American importing nations. Under the DOE's 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 domestically produced LNG. The authorization is for a term of 28 years."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," said Westy Ballard, President & Chief Executive Officer of Stabilis, "and we look forward to working with our customers to commercialize these exciting export opportunities."About StabilisStabilis Solutions, Inc. is a leading provider of clean energy production, storage, and delivery solutions to multiple end markets across North America. To learn more, visit www.stabilis-solutions.com.# # # # #Investor Contact:Andrew PuhalaChief Financial Officer832-456-6502ir@stabilis-solutions.comSOURCE: Stabilis EnergyView source version on accesswire.com: https://www.accesswire.com/716767/Stabilis-Solutions-Receives-DOE-Approval-to-Export-LNG Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Stabilis Solutions Receives DOE Approval to Export LNG By: ACCESSWIRE September 21, 2022 at 08:00 AM EDT HOUSTON, TX / ACCESSWIRE / September 21, 2022 / Stabilis Solutions, Inc., ("Stabilis") (NASDAQ:SLNG), today announced that it has received authorization from the U.S. Department of Energy ("DOE") to export domestically produced liquefied natural gas ("LNG") to all free trade and non-free trade countries, including Asian, European, and Latin American importing nations. Under the DOE's 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 domestically produced LNG. The authorization is for a term of 28 years."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," said Westy Ballard, President & Chief Executive Officer of Stabilis, "and we look forward to working with our customers to commercialize these exciting export opportunities."About StabilisStabilis Solutions, Inc. is a leading provider of clean energy production, storage, and delivery solutions to multiple end markets across North America. To learn more, visit www.stabilis-solutions.com.# # # # #Investor Contact:Andrew PuhalaChief Financial Officer832-456-6502ir@stabilis-solutions.comSOURCE: Stabilis EnergyView source version on accesswire.com: https://www.accesswire.com/716767/Stabilis-Solutions-Receives-DOE-Approval-to-Export-LNG
HOUSTON, TX / ACCESSWIRE / September 21, 2022 / Stabilis Solutions, Inc., ("Stabilis") (NASDAQ:SLNG), today announced that it has received authorization from the U.S. Department of Energy ("DOE") to export domestically produced liquefied natural gas ("LNG") to all free trade and non-free trade countries, including Asian, European, and Latin American importing nations. Under the DOE's 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 domestically produced LNG. The authorization is for a term of 28 years."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," said Westy Ballard, President & Chief Executive Officer of Stabilis, "and we look forward to working with our customers to commercialize these exciting export opportunities."About StabilisStabilis Solutions, Inc. is a leading provider of clean energy production, storage, and delivery solutions to multiple end markets across North America. To learn more, visit www.stabilis-solutions.com.# # # # #Investor Contact:Andrew PuhalaChief Financial Officer832-456-6502ir@stabilis-solutions.comSOURCE: Stabilis EnergyView source version on accesswire.com: https://www.accesswire.com/716767/Stabilis-Solutions-Receives-DOE-Approval-to-Export-LNG