Cheniere appoints new board member

US LNG exporting giant Cheniere said it had appointed Brian E. Edwards to serve as a member of the company’s board, effective October 3.

Edwards is considered an independent director and had been appointed to the audit and compensation committees, according to a statement by Cheniere.

He is a senior VP of US construction equipment maker Caterpillar with responsibility for the Caterpillar remanufacturing division.

“Brian’s deep knowledge of industrial manufacturing, engineering and supply chain, coupled with his decades of leadership within large organizations, will provide a differentiated and meaningful perspective to our board and to our company,” G. Andrea Botta, Cheniere’s chairman of the board, said in the statement.

Cheniere also announced that David B. Kilpatrick has retired from its board, effective October 3.

Kilpatrick has served as a member of the company’s board since 2003 and previously served as the board’s lead director from June 2015 to January 2016.

“David’s contributions to Cheniere over the years have been instrumental in our successful transition from a developer to the second largest LNG operator worldwide,” Botta said.

The operator of the Sabine Pass and Corpus Christi terminals recently revealed plans to increase the company’s liquefaction capacity to about 90 mtpa as part of its “20/20 Vision” long-term capital allocation plan.

Cheniere’s Sabine Pass plant in Louisiana has six operational trains with a capacity of about 30 mtpa, while the firm took a final investment decision on Stage 3 expansion at its Corpus Christi LNG export plant in Texas.

The expansion will add about 10 mtpa to the three-train 15 mtpa Corpus Christi plant.

- Advertisements -

Most Popular

Adnoc buys stake in NextDecade’s Rio Grande LNG project

UAE’s Adnoc has purchased an 11.7 percent stake in the first phase of NextDecade's Rio Grande LNG export terminal...

Spot LNG shipping rates nearly flat, European prices drop

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet remained steady this week, while European prices...

TotalEnergies supplies LNG cargo to PetroVietnam Gas

PetroVietnam Gas, a unit of state-owned PetroVietnam, has received a liquefied natural gas cargo from a unit of France's...

More News Like This

Cheniere: Q1 revenue down to $4.3 billion, Corpus Christi expansion 56 percent complete

US LNG exporting giant Cheniere reported a 42 percent drop in its quarterly revenue due to lower prices, while...

Flex clinches another LNG carrier charter extension

Norwegian shipping firm Flex LNG, the owner of 13 liquefied natural gas carriers, has secured a time charter extension...

Cheniere’s Corpus Christi LNG expansion project almost 53 percent complete

The Stage 3 expansion project at Cheniere's Corpus Christi LNG export plant in Texas is almost 53 percent complete,...

Cheniere in $1.5 billion senior notes offering

US LNG exporting giant Cheniere has priced its $1.5 billion offering of senior notes due 2034. Cheniere said in a...