Energy transition company Stabilis Solutions (Stabilis) has received full approval from the US 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.
As per the order, Stabilis will have the authority to export up to 51.75bcf (billion cubic feet) per year of domestically produced LNG) for a period of 28 years
The approval will support countries hardest hit by the world energy crisis accelerated by the ongoing Russia-Ukraine war.
“The DOE’s approval provides us with the ability to assist in the world’s current energy crisis well as longer term capability to facilitate the world’s transition to cleaner energy sources,” said West Ballard, President & CEO, Stabilis.
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