LNG Names New MD
Australia's Liquefied Natural Gas Limited (LNGL) has appointed Chevron executive Greg Vesey to replace company founder Maurice Brand as managing director and chief executive.
Brand will continue on with LNG as an executive director until his retirement in June next year. Vesey, a 25-year veteran of Chevron, will be based in Houston, Texas.
Greg brings a wealth of experience through his 35 years with Chevron Corporation where his responsibilities most recently included Chevron's Global Gas marketing and trading activity including extensive LNG development work.
Previous appointments covered the introduction of new technology, international operations and included commercial and execution responsibilities as well as liaising with stakeholders.
Greg said he is excited to join LNGL and lead the next phase of its project and corporate development. "While the LNG industry is under pressure in the short term, the LNGL business model of mid-scale LNG projects using its wholly owned OSMR(R) Technology combined with its portfolio of projects in Magnolia LNG, Bear Head LNG and Fisherman's Landing LNG enables the Company to be successful globally." he said.
LNG is building an 8mtpa LNG export facility in Louisiana in the United States (Magnolia) and a similar facility in Nova Scotia, Canada (Bear Head). It is also planning a 3.5mtpa LNG facility at Gladstone in Queensland (Fisherman’s Landing).
