Filling a gap in the global LNG market
De la Rey Venter, CEO of LNG player MidOcean Energy, discusses strategy, project developments and the prospects for the LNG market
What gap in the LNG market was the company aiming to fill at its launch in 2022, and how has the strategy evolved? Venter: The gap in the market was the absence of a global, highly diversified, full-function, full-value-chain midcap LNG company. The space was vacant after Shell acquired BG. We set out to create a well-capitalised company that is nimble, highly commercial and has deep links all over the global LNG industry and the investment banking and project finance worlds. We grow largely through acquisitions. We drive global diversity into the portfolio from the onset. And we balance between acquiring existing onstream assets to build out a solid and growing cash flow foundation for the
Also in this section
14 April 2026
The GECF has warned it may revise its projections for demand this year downwards in light of conflict in the Middle East, although it maintains its forecasts for 2027 and onwards
13 April 2026
Petroleum Economist analysis highlights sharp shift from crude oversupply to market deficit, with Iraq and Kuwait badly affected and key producers Saudi Arabia and the UAE also seeing output sharply lower
13 April 2026
Turkmenistan is moving ahead with a modest expansion of the giant Galkynysh field to sustain gas deliveries abroad, but persistent delays to other key pipeline projects and geopolitical risks continue to constrain its export ambitions
13 April 2026
Expensive electricity has forced out swathes of energy-intensive industry and now threatens the country’s ability to attract future investment in datacentres and the digital economy
