Houston-based Parallax Energy is buying Louisiana LNG Energy LLC. The proposed export project to be acquired would be the second “mid-scale” liquefaction and export project undertaken by Parallax this year and would complement the first with design and engineering similarities.
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Parallax Energy Buying Louisiana LNG Project
Houston-based Parallax Energy is buying Louisiana LNG Energy LLC. The proposed export project to be acquired would be the second "mid-scale" liquefaction and export project undertaken by Parallax this year and would complement the first with design and engineering similarities.
April 28, 2015
BG Group Alum Positioning New Company for Volatility’s Comeback
Former BG Group plc executive Martin Houston’s newly launched Parallax Energy is developing mid-scale liquefied natural gas (LNG) assets; putting together a gas marketing and trading shop; and, through an affiliate company, will be hunting for value in the U.S. shale patch. Houston told NGI he’s getting ready for the price volatility to come.
October 24, 2014
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