Tellurian Inc. named Kian Granmayeh as CFO, replacing Antoine Lafargue, as the Houston-based LNG producer continues to position itself to weather growing market uncertainty.

“We are reducing our costs and reorganizing the company to make Tellurian resilient in the face of current challenges in financial and energy markets,” Meg Gentle, president and CEO of Tellurian, said in a statement on March 9.

Earlier this month, Tellurian said it was looking to reduce its corporate overhead to about $6 million per month and had started talks with its lender to extend the maturity of its loan due May 2020. The company is currently developing the Driftwood LNG export project located on the Louisiana Gulf Coast.

“We are redirecting resources to complete the marketing of the Driftwood LNG project, which is fully permitted and ready to begin construction,” Gentle continued in her statement.

In addition to Granmayeh promotion, Tellurian also named Amos Hochstein as executive vice president of LNG marketing focused on its Driftwood LNG partnership interests.

“Amos[Hochstein]’s experience in LNG markets and expertise in negotiations brings together key elements to complete our Driftwood partnership,” Gentle said. “With a broad background across the finance organization, Kian [Granmayeh] will be focused on capital discipline and refinancing our existing obligations to extend our liquidity.”

Granmayeh, formerly director of investor relations, joinedTellurian in January 2019 after working at Apache Corp. for four years in various roles. He had previously served as a vice president at Lazard Freres & Co.

Meanwhile, before Hochstein joined Tellurian in 2017, he served as the U.S. Special Envoy for International Energy Affairs and led the U.S. Department of State’s Bureau of Energy Resources, where he oversaw global energy foreign policy engagement and advised the U.S. Secretary of State and the Vice President on global energy markets. He was formerly senior vice president of LNG marketing at Tellurian, a role that former CFO Lafargue will take over, according to the company news release.

Lafargue had served as CFO of Tellurian since February 2017. He previously was CEO of Magellan Petroleum Corp., which Tellurian had acquired in a merger.