GasEntec Holdings Inc. announces new ownership structure

GasEntec Holdings Inc., a multinational liquefied natural gas (LNG) technology and asset company, has announced a new ownership structure designed to accelerate global growth and the commercialization of its proprietary technologies.

A consortium led by Groupe Mimran has acquired a majority stake in the US-based holding company, GasEntec Holdings Inc. Under this new arrangement, the holding company will control GasEntec’s operations in South Korea. Previous shareholders have fully divested their interests.

Despite the change in ownership, GasEntec will continue to operate independently. Engineering, technological development, and operations will remain concentrated in South Korea, while the company expands its commercial presence in global markets. The restructuring is intended to provide additional capital and strategic resources to expand its portfolio in regasification, floating and onshore terminals, gas handling, and cryogenic systems.