Stabilis Solutions announces award of marine bunkering agreement

Stabilis Solutions (SLNG) entered into a 10-year agreement with a leading investment-grade global marine operator to supply Liquefied Natural Gas for their marine bunkering operations at the Port of Galveston. Stabilis has executed a 10-year bunkering agreement, to supply approximately 50 million gallons per year of LNG for marine bunkering operations in the Port of Galveston. Deliveries under the agreement are expected to commence in the fourth quarter of 2027, subject to the successful financing and construction of the Galveston LNG facility and other conditions precedent. Under the terms of the agreement, Stabilis is required, among other things, to finalize project financing by the first quarter 2026 and complete construction on the Galveston LNG facility by the second quarter 2028.