Throughout his 35-year career with BG Group plc, Martin Houston worked in 40-plus countries and was instrumental in helping BG launch projects that have made the UK-based integrated company a global player in the liquefied natural gas (LNG) industry. Houston may have retired from BG last November, having attained the dual role of chief operating officer and executive director, but he is just getting started making yet another mark on LNG.
“It is invigorating to do something new and I am thrilled to lead this new partnership that offers over 100 cumulative years of LNG experience,” Houston said of his recent formation of Parallax Energy, which is developing LNG projects and a natural gas supply and trading business. Working with upstream firm Millennial Energy and “world class industry operators,” the founding partner and chairman of Houston, Texas-based Parallax is capitalizing on his belief that the days of LNG mega-projects are numbered.
“We have some exciting things planned that I think, once again, will change the industry,” Houston told Rigzone. “Watch this space.”
Read on for more of Houston’s conversation with Rigzone in which he recalls his career with BG, his insights on the evolving LNG industry and how he aspires to make each of Parallax’s LNG plants analogous to a common kitchen appliance.