Estimated read time: 3-4 minutes
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
[STK] AMEX:LNG
[IN] OIL UTI
[SU] PER
-- WITH PHOTO -- TO BUSINESS, AND ENERGY EDITORS:
Cheniere Energy Announces Senior Management Appointment
HOUSTON, March 31, 2014 /PRNewswire/ -- Cheniere Energy, Inc.
("Cheniere") (NYSE MKT: LNG) announced today that Anatol Feygin has
joined the company as Senior Vice President, Strategy and Corporate
Development.
Mr. Feygin joins Cheniere after seven years at Loews Corporation,
where he served as Vice President, Energy Strategist and Senior
Portfolio Manager. In these roles, he developed forecasts for Loews'
three energy platforms (upstream, midstream and services), identifying
risks and making capital allocation decisions. In addition, Mr. Feygin
evaluated new investment opportunities in energy and energy intensive
industries and created, implemented and executed hedging strategies
for Loews' Exploration and Production business and Loews Hotels
generating more than $1 billion in hedging gains.
"We welcome Anatol Feygin to our senior management team at Cheniere."
said Charif Souki, Chairman and CEO. "Anatol's deep knowledge of the
energy industry makes him a tremendous asset to our strategic team at
Cheniere. We look forward to the contributions and insight that his
unique expertise and experience will bring to our organization."
Prior to joining Loews, Mr. Feygin spent three years at Bank of
America as Head of Global Commodity Strategy and as Senior Analyst
covering natural gas pipelines and distributors. Mr. Feygin began his
career at J.P. Morgan Securities where he covered natural gas
pipelines, distributors and electric utilities as a senior analyst.
Mr. Feygin earned his master of business administration from New York
University's Stern School of Business, where he was a Stern Scholar
and recipient of the A.J. Garville Scholarship. He earned his bachelor
of science in electrical engineering from Rutgers University.
Cheniere Energy, Inc. is a Houston-based energy company primarily
engaged in LNG-related businesses, and owns and operates the Sabine
Pass LNG terminal and Creole Trail Pipeline in Louisiana. Cheniere is
pursuing related business opportunities both upstream and downstream
of the Sabine Pass LNG terminal. Through its subsidiary, Cheniere
Energy Partners, L.P., Cheniere is developing a liquefaction project
at the Sabine Pass LNG terminal adjacent to the existing
regasification facilities for up to six Trains, each of which is
expected to have a nominal production capacity of approximately 4.5
mtpa. Construction has begun on Trains 1 through 4 at the Sabine Pass
Liquefaction Project. Cheniere has also initiated a project to develop
liquefaction facilities near Corpus Christi, Texas. The Corpus Christi
Liquefaction Project is being designed and permitted for up to three
Trains, with aggregate design production capacity of up to 13.5 mtpa
of LNG and which would include three LNG storage tanks with capacity
of 10.1 Bcfe and two LNG carrier docks. Commencement of construction
for the Corpus Christi Liquefaction Project is subject, but not
limited, to obtaining regulatory approvals, entering into long-term
customer contracts sufficient to underpin financing of the project,
obtaining financing, and Cheniere making a final investment decision.
We believe LNG exports from the Corpus Christi Liquefaction Project
could commence as early as 2018.
Logo - http://photos.prnewswire.com/prnh/20090611/AQ31545LOGO
SOURCE Cheniere Energy, Inc.
-0- 03/31/2014
/CONTACT: Investors: Randy Bhatia: 713-375-5479, or Christina Burke: 713-375-5104; Media: Diane Haggard: 713-375-5259
/Photo: http://photos.prnewswire.com/prnh/20090611/AQ31545LOGO
PRN Photo Desk, photodesk@prnewswire.com
/Web Site: http://www.cheniere.com
(AMEX:LNG) /
CO: Cheniere Energy, Inc.
ST: Texas
IN: OIL UTI
SU: PER
PRN
-- DA93834 --
0000 03/31/2014 12:30:00 EDT http://www.prnewswire.com
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
