Liquefied Natural Gas Ltd (LNGLY) Appointment of Third US-Based Non-Executive Director
Perth, Australia (ABN Newswire) - Liquefied Natural Gas Limited (ASX:LNG) (OTCMKTS:LNGLY) (LNGL or the Company) is pleased to announce the appointment of Philip D Moeller as a Non-Executive Director of LNGL with effect from 7 December 2015. Philip is the Company's third US-based Non-Executive Director following the appointments of Paul Cavicchi in October 2014 and Mike Steuert in February 2015.
Former Commissioner Philip Moeller left the Federal Energy Regulatory Commission (FERC) in October 2015 as the second-longest serving member in the history of FERC. He left office as the only person in the federal government in a Senate-confirmed position who was nominated by both President George W. Bush and President Barack Obama.
While serving on the Commission he focused on policies that encourage the construction of additional electric transmission and interstate natural gas infrastructure and policies promoting well-functioning wholesale markets. He was a national leader in promoting improved coordination between the electric industry and the natural gas industries as the United States moves toward burning significantly more natural gas to meet electricity demand.
Prior to serving on the Commission he headed the Washington office of Alliant Energy, worked in the Washington office of Calpine Corporation, and served on the Washington, D.C. staff of Senator Slade Gorton from his home state of Washington. Previously he was the staff coordinator of the Washington State Senate Energy, Utilities and Telecommunications Committee in Olympia, Washington.
Phil was born in Chicago and raised on a ranch near Spokane, Washington. He is a graduate of Stanford University in Stanford, California.
LNGL Chairman Richard Beresford said "We are honoured to have someone of Philip's recent energy regulatory and US Government background join the LNGL Board. His experience and knowledge of US Government policy and interaction with other key Government Departments will be very important in achieving the Company's growth ambitions. Being based in Washington DC will also enable him to interact regularly with our corporate and project teams in Houston."
About Liquefied Natural Gas Ltd:
Limited Natural Gas Limited (LNGL) (ASX:LNG) (OTCMKTS:LNGLY) is an ASX listed company focused on development of mid-scale LNG plants. LNGL's business strategy aims to deliver lower capital and operating costs, faster construction timelines and improved efficiency, relative to larger traditional LNG projects. LNGL's portfolio includes 100% ownership in Magnolia LNG LLC, Bear Head LNG Corporation, Gladstone LNG Pty Ltd, and LNG Technology Pty Ltd, which owns and develops the OSMR(R) LNG liquefaction process.
Liquefied Natural Gas Ltd
Mr Maurice Brand
Managing Director/ CEO
T: +61 8 9366 3700
Mr David Gardner
Joint Company Secretary
T: +61 8 9366 3700
Mr Michael Mott
Chief Financial Officer
T: +1 713 815 6909
Source: ABN/Asia Business Newswire
(December 6, 2015 - 5:33 PM EST)
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