Ousted Cheniere CEO to partner in new LNG company

Former Cheniere CEO Charif Souki is partnering with Martin Houston, former COO and executive director of BG Group and current chairman of Parallax Energy, in a new company called Tellurian Investments, which will focus on mid-scale natural gas liquefaction and export projects on the US Gulf Coast, according to various media outlets.

Souki was ousted as Cheniere CEO in December 2015, and he resigned from the company’s board in February. While at Cheniere, Souki helped lead the company in becoming a frontrunner in liquefied natural gas exports.

Tellurian has selected Bechtel Oil, Gas & Chemicals for plant construction and Chart Industries for its liquefaction technology.

 

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...