– USA, TX – Tellurian Inc. (NASDAQ: TELL) today announced the appointment of Octávio Simões as President and CEO, succeeding Meg Gentle who is departing the company.
The company also announced the appointments of Jonathan Gross and Jean Abiteboul to its Board as Independent Directors, bringing vast upstream and LNG marketing experience to the Board.
“I watched Octávio put together a complex project at Cameron LNG with admiration. He and I together are responsible for 75 percent of the U.S. liquefaction capacity and I am delighted now to have the opportunity to work with him on Driftwood LNG, the next big milestone in U.S. liquefaction. With our Board of Director additions, Jean will bring a unique perspective on the global LNG market, and Jon has a deep understanding of the U.S. upstream industry. We stand at a critical inflection point in the energy sector. The fundamentals are now very supportive of our business model to launch an integrated American global natural gas company at Driftwood. Octávio, Jean and Jon will make a huge contribution to that effort.” said Executive Chairman Charif Souki.
He added: “The Tellurian team thanks Meg for her hard work and significant contributions to the company over the past four years and we wish her all the best in the future.”
About Octávio Simões
Mr. Simões was President and CEO of Sempra LNG & Midstream where he was responsible for all liquefied natural gas and natural gas midstream activities, including Cameron LNG, a 12 million tonnes per annum liquefaction facility that came onstream with first LNG exports in August 2019. Mr. Simões joined Tellurian as Executive Vice President, LNG Marketing and Business Development.
He has engineering degrees from the Georgia Institute of Technology and from the University of Massachusetts – Dartmouth and is a registered professional engineer.
About Jonathan Gross
Jonathan Gross is an oil and gas consultant and his company Jexco LLC provides upstream exploration and geological services. Formerly, he was SVP of Energy Partners, Ltd., and also worked at Kuwait Energy Company and Cheniere Energy. He served on the Board of Directors for Cheniere Energy Holdings from 2014 to 2018.
Mr. Gross is a Certified Geologist.
About Jean Abiteboul
Jean Abiteboul is President of GIIGNL, the Paris- based International Group of LNG Importers founded in 1971. GIIGNL has 86 member companies headquartered in 27 countries, and GIIGNL members handle more than 90% of LNG imports worldwide. He is an engineer and was formerly President of Cheniere Marketing Ltd and an Executive Officer of Cheniere Energy, Inc. Mr. Abiteboul began and spent the majority of his career at Gaz de France, serving in various executive capacities and on various boards.
About Tellurian Inc.
Tellurian intends to create value for shareholders by building a low-cost, global natural gas business, profitably delivering natural gas to customers worldwide. Tellurian is developing a portfolio of natural gas production, LNG trading, and infrastructure that includes an ~ 27.6 mtpa LNG export facility and an associated pipeline. Tellurian is based in Houston, Texas, and its common stock is listed on the Nasdaq Capital Market under the symbol “TELL”.
For more information: https://www.tellurianinc.com/
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