Octubre 2024.- October 2024 - MidOcean Energy, a globally renowned investment fund under EIG, has acquired an additional 15% stake in PERU LNG from Hunt Oil, raising its total stake to 35%. This transaction, backed by Aramco, reinforces MidOcean Energy’s strategy to develop a diversified and resilient LNG asset portfolio, consolidating PERU LNG as the only large-scale LNG export facility in South America.
The agreement not only promises operational stability for PERU LNG, operated by Hunt Oil, but also strengthens the region’s capacity to respond to the growing global energy demand. For MidOcean, this stake represents greater exposure to the only LNG export project in South America and a strategic opportunity to expand its presence in the global LNG market.
This transaction, which strengthens the alliance between MidOcean and Hunt Oil, represents a significant advancement for the LNG sector in Latin America, positioning the region as a relevant competitor in the global energy industry and highlighting the role of PERU LNG in the strategic and sustainable development of natural gas resources in Peru.