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Okra Energy boosts LNG foothold in South America with Cryogas acquisition

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Posted / Last update: 17-07-2017 | Author: PetrolPlaza Correspondent Daniel Infante Tuaño

Okra Energy, provider of liquefied natural gas (LNG) and energy solutions, has acquired Cryogas, a Peruvian company specializing in the transportation and storage of LNG as well as the installation of satellite regasifications plants.


Source: Okra Energy website

Cryogas will become Okra Energy's subsidiary in Peru and will provide localized solutions in all aspects of LNG distribution, logistics, and equipment maintenance, according to a company release.

The company, in addition, ensures Okra Energy can safely and efficiently transport and regasify LNG throughout Peru.

"Acquiring Cryogas establishes Okra as a leading source of LNG in Peru, and throughout the greater South American region,” said Louis Ravenet, CEO of Okra Energy.

 

 

 

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