Stabilis Solutions has signed a three-year take-or-pay agreement to supply liquefied natural gas to an existing commercial aerospace customer at the John C. Stennis Space Center in Mississippi. The contract runs from Jan. 1, 2027, through Dec. 31, 2029, extending a supply relationship that began in 2024.
The agreement adds committed LNG volumes to Stabilis’ aerospace business, with deliveries expected to come primarily from its liquefaction facility in Port Allen, Louisiana.
Key details
- The customer will buy its LNG requirements for the Stennis site from Stabilis.
- The agreement sets a minimum commitment of 230,000 gallons per month, with monthly volumes of up to 260,000 gallons.
- Stabilis expects to supply the customer primarily from its owned Port Allen facility.
- The contract’s price and total dollar value were not provided.
Additional company commentary
- Executive Chairman and Interim CEO Casey Crenshaw said demand for LNG in the aerospace market has grown alongside launch and testing activity.
- Crenshaw said the agreement, together with a behind-the-meter data center contract scheduled to begin in the first quarter of 2027, strengthens Stabilis’ visibility into growth across its key markets next year. The announcement did not provide further terms for the data center contract.
Plain-English implications
The take-or-pay structure gives Stabilis a committed minimum volume over the three-year term, rather than relying solely on the customer’s month-to-month demand. The agreement also continues an established customer relationship and links supply to Stabilis’ own liquefaction facility.