Business
Stabilis Energy Expands Mexican Presence with Opening of LNG Transportation Hub in Northeastern Mexico
HOUSTON, TX / ACCESSWIRE / December 12, 2019 / Stabilis Energy, Inc. (OTCQX:SLNG) ("Stabilis") today announced the expansion of its Mexican liquefied natural
About this update from Stabilis Solutions, Inc.
[{"type":"text","content":"HOUSTON, TX / ACCESSWIRE / December 12, 2019 / Stabilis Energy, Inc. (OTCQX:SLNG) (\"Stabilis\") today announced the expansion of its Mexican liquefied natural gas (\"LNG\") business by opening an LNG transportation hub in Colombia, Nuevo León to serve Northeastern Mexico.The transportation hub, located directly across the border from Laredo, Texas, will facilitate the delivery of up to 50,000 LNG gallons per day to our customers in Northeastern Mexico. LNG will be supplied by the Stabilis liquefaction facility in George West, Texas. The transportation hub will increase supply security to Stabilis customers by reducing border crossing and related logistics risks.\"Stabilis is pleased to improve access to clean, inexpensive natural gas to customers throughout Northeastern Mexico,\" commented Jim Reddinger, President and Chief Executive Officer of Stabilis. \"This transportation hub is our first step in building a reliable, cost effective distributed natural gas network throughout Mexico.\"The transportation hub is open for business. Customers can contact Stabilis at [email protected] or +1-866 LNG FUEL (564-3835) for more information or to place an order.Stabilis recently formed a joint venture with CryoMex Investment Group LLC to pursue investments in distributed natural gas production and distribution assets in Mexico. CryoMex is led by Grupo CLISA, a Monterrey, Mexico-based developer and operator of businesses in multiple end markets including energy.A business update call will be held on Wednesday, December 18, 2019 at 10:00 a.m. eastern time (9:00 a.m. central). Individuals in the United States and Canada who wish to participate in the conference call should dial +1 844-369-8770. International callers should dial +1 862-298-0840.A replay of the call will be available until December 24, 2019. Individuals in the United States and Canada who wish to listen to the replay should dial +1 877-481-4010; passcode 56889. International callers should dial +1 919-882-2331; passcode 56889A replay of the call also will be available on the Stabilis website (www.stabilisenergy.com).About Stabilis EnergyStabilis Energy, Inc. is a vertically integrated provider of clean natural gas fueling solutions to multiple North American end markets. We have safely delivered over 200 million gallons of liquefied natural gas (\"LNG\") through more t...