US small-scale liquefied natural gas companies United Energy LNG and Power LNG have merged to create a new scalable LNG platform for the North American market.
Called United Energy LNG (UE LNG), the combined business is developing three LNG production sites in Texas and Kansas, as well as a yet-to-be-announced location.
Once fully operational, the sites will target a liquefaction capacity of up to 540,000 tonnes a year of LNG. This represents an investment of between $240m and $270m across the three facilities.
UE LNG hopes to reach financial close on its first three sites by Q1 2026, with commissioning expected by Q1 2027.
Brian Guinn, CEO of United Energy LNG, said, “By 2028, we aim to operate a network of scalable LNG hubs serving a portfolio of contracted customers across the US.”
The company is targeting a US market opportunity of over two billion cubic feet of natural gas per year, worth more than $3bn.
Despite global LNG investment nearing $200bn annually, small-scale LNG remains the least crowded, most overlooked segment in US energy.
Austin Terry, CEO of Power LNG, said, “By combining our development and operational expertise with United Energy’s capital platform, we’re unlocking a scalable model for delivering LNG.”