USA: Stabilis expands LNG distribution business with Prometheus acquisition

Image courtesy of Prometheus Energy

US LNG producer and provider Stabilis Energy said Wednesday it had completed the acquisition of a majority interest in Prometheus Energy.

The acquisition combines two of the “leading” liquefied natural gas production and distribution companies to form a full-service provider capable of delivering LNG to customers in any end market and location in North America, a Stabilis statement said.

The company did not reveal terms of the transaction.

Prometheus will operate as the independent LNG distribution subsidiary of Stabilis. Houston-based Prometheus provides mobile and stationary LNG solutions to industrial, utility, pipeline, high-horsepower and other remote customers.

 

Share this article

Follow LNG World News

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

2nd Central and Eastern European Small Scale LNG Forum

The Forum is for LNG industry leaders, who want to keep up to date with Small-Scale LNG latest trends and many other topics!

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Houston / Feb 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >