Houston's Stabilis Signs a Three-Year LNG Deal: at Least 230,000 Gallons a Month for an Aerospace Customer at Stennis
The take-or-pay agreement runs from January 2027 through December 2029 and turns a supply relationship that began in 2024 into contracted minimum volumes - at up to 260,000 gallons a month, supplied mainly from Port Allen, Louisiana.
A Houston energy company has turned a two-year-old supply relationship into a three-year contract. Stabilis Solutions, Inc. (Nasdaq: SLNG) announced Tuesday a take-or-pay liquefied natural gas supply agreement with an existing commercial aerospace customer, covering the customer's operations at the John C. Stennis Space Center in Hancock County, Mississippi.
The terms are specific. The commitment runs from January 1, 2027 through December 31, 2029. The customer will buy its LNG requirements at the site from Stabilis, with a minimum commitment of 230,000 gallons per month and monthly volumes of up to 260,000 gallons - 'take-or-pay' meaning the minimum is contracted whether or not every gallon is lifted. Stabilis expects to supply the customer primarily from its owned liquefaction facility in Port Allen, Louisiana, and it has supplied LNG to the same customer at Stennis since 2024. The release does not name the customer, and neither does this story.
Executive Chairman and Interim President and Chief Executive Officer Casey Crenshaw said the agreement 'expands our relationship with an existing commercial aerospace customer and marks continued progress in a market where demand for LNG has grown alongside launch and testing activity.' He credited the company's ability to deliver high-purity LNG and engineer solutions around each customer's technical requirements, and said the deal, together with a behind-the-meter data center contract scheduled to begin in the first quarter of 2027, strengthens the company's visibility into growth across its key markets next year.
Stennis is NASA's primary rocket-propulsion test center, and the Gulf Coast corridor between Houston, Port Allen and Hancock County is one of the working spines of the commercial space economy. For Houston, the deal is a reminder that the city's energy business is no longer only about fueling trucks and ships: the same liquefaction and logistics chain now signs multi-year, minimum-volume contracts to keep launch and testing programs running.
