STABILIS SOLUTIONS, INC. : Change in Directors or Principal Officers (form 8-K)
June 21, 2022 at 09:23 am EDT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 17, 2022 director James G. Aivalis notified Stabilis Solutions, Inc.
(the "Company") that he will not stand for re-election to the Board of Directors
at the 2022 Annual Meeting. Mr. Aivalis' decision not to stand for re-election
to the Board of Directors was not due to any disagreement with the Company on
any matter relating to its operations, policies or practices.
Stabilis Solutions, Inc. and its subsidiaries is an energy transition company. The Company provides turnkey clean energy production, storage, transportation and fueling solutions primarily using liquefied natural gas (LNG) to multiple end markets. The Company provides liquefied natural gas (LNG) solutions to customers in diverse end markets, including aerospace, agriculture, energy, industrial, marine bunkering, mining, pipeline, remote power, and utility markets. It builds and operates cryogenic natural gas processing facilities, called liquefiers, which convert natural gas into LNG through a purification and multiple stage cooling process. It owns and operates a liquefier that can produce up to 100,000 LNG gallons per day in George West, Texas and a liquefier that can produce up to 30,000 LNG gallons per day in Port Allen, Louisiana. It offers its customers a virtual natural gas pipeline by providing turnkey LNG transportation and logistics services in North America.