Business
United Energy LNG and Power LNG Announce Merger to Establish an Advanced Scalable Small-Scale LNG Platform
United Energy LNG and Power LNG Announce Merger to Establish an Advanced Scalable Small-Scale LNG Platform.
About this update from United Energy Corp.
[{"type":"text","content":"\r\n\r\n \r\n \r\n United Energy LNG and Power LNG Announce Merger to Establish an Advanced Scalable Small-Scale LNG Platform\r\n \r\n \r\n\r\n\r\nUnited Energy LNG and Power LNG Announce Merger to Establish an Advanced Scalable Small-Scale LNG Platform\r\n\r\n\r\n\r\n\r\n\r\n\r\nWith Three Sites in Development, United Energy LNG Advances U.S. LNG Infrastructure Strategy\r\n\r\n\r\n PLANO, Texas--(BUSINESS WIRE)--\r\nUnited Energy LNG and Power LNG announced today the signing of a strategic merger that will create a scalable small-scale LNG platform serving industrial, power, and transport markets across North America.\r\n\r\n\r\n \r\nThe combined entity, operating under United Energy LNG (UE LNG), immediately oversees a portfolio of three LNG production sites in advanced stages of development. UE LNG is announcing the commencement of Front-End Loading Phase 1 (FEL-1) at its first project site in Houston, Texas, with a second confidential site underway. A third site in Independence, Kansas is scheduled to begin FEL-1 later this month. With geographic diversity and early-stage capacity, UE LNG aims to expand LNG access for high-demand domestic users.\r\n\r\n\r\n \r\n“While the majors are focused on megaprojects, we’re deploying modular, nimble solutions that get LNG to the people and industries who need it now,” said Brian Guinn, Chief Executive Officer of United Energy LNG.\r\n\r\n\r\n \r\n\r\n\r\n \r\n \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\nModular LNG for Distributed Markets\r\n\r\n\r\n \r\nUnlike traditional LNG developments requiring multi-billion-dollar investments and long permitting timelines, United Energy LNG is focused on scalable, regionally targeted solutions:\r\n\r\n\r\n \r\n \r\nSmall-scale liquefaction units designed for local and regional demand\r\n\r\n\r\n \r\nModular deployment to reduce lead times and capital intensity\r\n\r\n\r\n \r\nFocused on inland, onshore, and distributed energy applications\r\n\r\n\r\n \r\nVirtual pipeline logistics to bypass pipeline constraints\r\n\r\n\r\n \r\n \r\nThis approach enables faster project execution and cost-effective access to clean fuels for underserved markets.\r\n\r\n\r\n \r\n\r\n\r\n \r\n \r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n \r\nAddressing Gaps in the U.S. LNG Infrastructure Landscape\r\n\r\n\r\n \r\nDespite global LNG investment nearing $200 ...