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United Energy LNG and Power LNG Merger Targets Small-Scale LNG Market in North America

United Energy LNG and Power LNG announced today the signing of a strategic merger that will create a scalable small-scale LNG platform.

TL;DR

United Energy LNG and Power LNG's merger creates a scalable small-scale LNG platform, offering a strategic advantage in serving underserved North American markets with modular, cost-effective solutions.

The merger combines United Energy's upstream experience with Power LNG's engineering, targeting 540,000 MTPA capacity across three sites, with a $240–270 million investment for breakeven in 12–18 months.

This merger aims to expand clean LNG access, reducing emissions and powering underserved communities, making energy more sustainable and accessible across North America.

United Energy LNG and Power LNG are pioneering modular LNG solutions, transforming how clean energy is delivered to remote and industrial markets with innovative virtual pipeline logistics.

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United Energy LNG and Power LNG Merger Targets Small-Scale LNG Market in North America

The merger between United Energy LNG and Power LNG, now operating as United Energy LNG (UE LNG), signifies a major leap forward in catering to the small-scale LNG market in North America. With three LNG production sites in development, including locations in Houston, Texas, and Independence, Kansas, the combined entity leverages United Energy's operational expertise and Power LNG's engineering prowess to address the growing demand for clean energy solutions.

UE LNG's strategy emphasizes modular and scalable LNG production, aiming to provide a quicker, more economical alternative to traditional LNG projects. The company plans an investment of $240–270 million across its facilities, targeting breakeven within 12–18 months after commissioning. This initiative not only serves remote and underserved markets but also plays a crucial role in the energy transition by supplying clean-burning natural gas to various sectors.

With ambitions to finalize financial arrangements for its first three facilities by Q1 2026 and commence operations by Q1 2027, UE LNG is on track to establish a network of LNG hubs across the U.S. by 2028. This merger is a transformative development in the energy landscape, offering innovative approaches to fulfill the increasing need for distributed, clean energy sources.

Curated from PR Karma

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