Learn more about Hart Energy Conferences
Get our latest conference schedules, updates and insights straight to your inbox.
Cheniere Energy Inc. and Cheniere Energy Partners LP promoted Corey Grindal to the posts of executive vice president and COO, Houston-based Cheniere said Sept. 21.
“It is a critical time for the company, with our operations and LNG production in focus across global energy markets, and I look forward to helping reinforce Cheniere’s reputation as the leading supplier of flexible and reliable LNG in the world.”—Corey Grindal, Cheniere Energy Inc.
The announcement comes as Cheniere embarks on its new “20/20 vision” that forecasts over $20 billion in available cash through 2026 and a $4 billion share buyback while it seeks to ramp up liquefaction capacity to around 60 million tonnes per annum (mtpa) in the near-term and 90 mtpa in the long-term.
RELATED:
Cheniere Energy JV to Build New 1.7 Bcf/d Natural Gas Pipeline in Texas
Cheniere Unveils ‘20/20 Vision,’ Eyes $4 Billion Share Buyback
Effective Jan. 2, Grindal, who joined Cheniere in 2013, will head up varied organizations within Cheniere including operations, engineering and construction, shared services and worldwide trading.
“It is a critical time for the company, with our operations and LNG production in focus across global energy markets, and I look forward to helping reinforce Cheniere’s reputation as the leading supplier of flexible and reliable LNG in the world,” Grindal said in the statement.
Grindal will relocate again to Houston from London where he has served as executive vice president of worldwide trading since 2020, and continue to report to Cheniere president and CEO Jack Fusco.
Recommended Reading
FERC: Closure of LNG Import Plant Threatens New England’s Grid
2024-01-10 - Despite record U.S. natural gas production, parts of the U.S., including New England, face difficulties finding adequate supplies for power generation.
Natural Gas Producers’ Game Plan for LNG: Wait Out 2024
2024-01-08 - Natural gas production has risen over the past decade with the potential to keep growing, but 2024 will test the market’s patience as E&Ps await LNG export capacity to come online.
Total CEO: US LNG Shaky, Global Projects Brought into Spotlight
2024-02-21 - U.S. President Joe Biden’s decision to pause approvals for new U.S. LNG projects benefits similar projects around the world and casts doubt around U.S. supply, TotalEnergies’ Pouyanné told analysts during the company’s quarterly webcast.
Excelerate Energy’s CEO Kobos Bullish on US LNG
2024-02-22 - In a world rattled by instability, his company offers a measure of energy security to natural gas users via its fleet of floating storage and regasification units.
EQT Announces Tolling Agreement with Texas LNG
2024-01-12 - EQT’s agreement with Texas LNG is the E&P’s second long-term deal since September to provide an outlet for its natural gas to the LNG market.