Parallax Energy Acquires Louisiana LNG Energy LLC

The Houston Business Journal reports that Parallax Energy, 100% owner of Live Oak LNG LLC, has acquired Louisiana LNG Energy LLC (LLNGE), proponent of the Mississippi River LNG liquefaction facility and LNG export terminal on the Mississippi River, downstream from the Port of New Orleans.  LLNGE’s proposed project is currently in the pre-filing environmental review stage before FERC.  Financial terms of the LLNGE acquisition were not disclosed.


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