Stabilis Energy, Inc. is expanding its Mexican liquefied natural gas (LNG) business by opening an LNG transportation hub in Colombia, Nuevo Leon, to serve Northeastern Mexico, the company informed.
The company said the transportation hub, located directly across the border from Laredo, Texas, would facilitate the delivery of up to 50,000 LNG gallons per day to their 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 natural gas network throughout Mexico.”
Stabilis informed the transportation hub is open for business and customers can ask for information or place an order directly with the company. In addition, the company is expanding its Mexican sales team.
Moreover, Stabilis recently formed a joint venture with CryoMex Investment Group LLC to pursue investments in distributed natural gas production and distribution assets in Mexico. Grupo CLISA, a Monterrey, Mexico-based developer and operator of businesses in multiple end markets, including energy, lead CryoMex.
Stabilis Energy, Inc. is a vertically integrated provider of clean natural gas fueling solutions to multiple North American end markets.