Microsoft Word - ASX Release Appointments Chief Development Officer Chief Technical Officer Technology Manager 2015-11-20 SB
ASX/MEDIA RELEASE
20 November 2015
APPOINTMENT OF CHIEF DEVELOPMENT & CHIEF TECHNICAL OFFICERS
Liquefied Natural Gas Limited (ASX: LNG; OTC ADR: LNGLY) (LNGL or the Company) is pleased to announce the appointment of Mr Anthony Gelotti as Chief Development Officer based in Houston, Texas, USA. Mr John Baguley, Chief Operating Officer for Magnolia LNG will assume the additional responsibilities of LNGL Chief Technical Officer. Dr Nimalan Gnanendran has been promoted to the position of LNGL Technology Manager. The above appointments are effective December 1, 2015.
Chief Development Officer: Mr Anthony Gelotti
Anthony's responsibilities will include assisting in the close‐out of the full production capacity of Magnolia LNG; developing new North America and international opportunities for mid‐scale LNG projects and conducting M&A activities
Anthony has over 40 years' experience in the energy and LNG industry and has proven ability to structure and build organizations and lead major project development and commercial teams within the LNG market. In his career, he has built assets; developed strategies for growing long‐term LNG supply and market portfolios; maximized delivery assurance and deal flow certainty; and led globally focused LNG marketing and trading organizations.
Most recently Anthony held the position of President, Woodfibre LNG Ltd, Vancouver, British Columbia. Prior to joining Woodfibre, Anthony's roles included VP ‐ Global LNG Marketing and Trading with Chevron Corporation from 2006‐2013, including, prior to his retirement from Chevron, six months as Commercial Advisor to the President of Chevron Global LNG Supply and Trading Group. Anthony also held the position of VP, Commercial and LNG Supply with Shell North America LNG, as well as other LNG‐ roles within large energy organizations including the BG Group in North America.
Chief Technical Officer: Mr John Baguley
In addition to his role as Chief Operating Officer for Magnolia LNG, John Baguley will assume the role of LNGL Chief Technical Officer. In this capacity, John will have strategic responsibility for identifying technical opportunities for mid‐scale LNG projects; creating value by delivering and enhancing the OSMR® technology; and establishing strategic alliances with equipment and service providers and with EPC contractors. An integral part of John's role will be to ensure seamless integration across project maturation stages from project initiation through innovation, development, construction and into operations. John, who is based in Houston, replaces the current Chief Technical Officer Mr Paul Bridgwood who wishes to remain in Perth and leaves the Company on the 30 November 2015. Paul is
the originator of the OSMR® technology and an inaugural Director of LNGL and its subsidiary companies. LNGL extends its very best wishes to Paul for the future.
Dr Nimalan Gnanendran
Nimalan has been promoted to the new position of LNGL Technology Manager. Nimalan joined the Company in 2010 and has worked extensively with Paul Bridgwood and the LNG Technology team on the development of the OSMR® process. Nimalan has worked on novel technologies for the natural gas processing and LNG industry for the past 14 years, and demonstrates a unique background in process engineering and applied research. He obtained his PhD from Curtin University of Technology, Perth, Australia where his area of research was on Gas Hydrates. He also holds a first class honours degree in Chemical Engineering from University of Moratuwa, Sri Lanka. He has co‐authored three patents and has had three technical papers published.
'The appointments of Anthony and John at the corporate level, greatly enhance the depth of the LNGL leadership group and are building blocks towards capitalizing on recent announcements on Magnolia LNG, its progress to Financial Close as well as capturing new value enhancing LNG opportunities. I am very excited about working with Anthony and to continue working with John and his team, which together has done an outstanding job on the delivery of the EPC Contract for Magnolia LNG based on the Company's OSMR® technology and project execution business model. I am also delighted that Nim has accepted the appointment to the new position of LNGL Technology Manager. He will work closely with John in delivering the next phase of the OSMR® process technology and development of mid‐scale LNG opportunities' said LNGL Managing Director and CEO Maurice Brand.
For further information contact:
Mr Maurice Brand Mr David Gardner Mr Michael Mott Managing Director/ CEO Joint Company Secretary Chief Financial Officer
+61 8 9366 3700 +61 8 9366 3700 +1 713 815 6909
Liquefied Natural Gas Limited
Level 1 10 Ord Street, West Perth WA 6005 Telephone: +61 8 9366 3700 Facsimile: +61 8 9366 3799 Email: [email protected]
Web site: www.LNGLimited.com.au
Disclaimer Forward‐looking statements may be set out within this correspondence. Such statements are only predictions, and actual events or results may differ materially. Please refer to our forward‐looking statement disclosure contained on our website at www.LNGLimited.com.au and to the Company's Annual Report and Accounts for a discussion of important factors which could cause actual results to differ from these forward‐ looking statements. The Company does not undertake any obligation to update publicly, or revise, forward‐looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.
2