Stabilis Energy

Stabilis Energy signed an agreement to acquire substantially all of the US-based assets of Encana’s liquefied natural gas (LNG) distribution unit. Terms of the transaction were not disclosed. The unit, Encana Natural Gas, is a distributor of LNG fuel to US, high-horsepower engine operators in the oil and gas, mining, marine, rail, over-the-road transportation, and industrial sectors. Stabilis has also agreed to purchase its fleet of cryogenic rolling stock assets, including storage and regasification trailers, mobile fueling units, and other related equipment.


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