U.S. pipeline operator Williams recruits LNG executives for new promoting arm

HOUSTON, Feb 9 (Reuters) – U.S. purely natural gasoline pipeline operator Williams Providers has hired two veteran executives to set up a liquefied natural gas (LNG) marketing and advertising operation, in accordance to personnel profiles and folks common with the issue.

New LNG output capacity this yr will force the United States’ processing ability to 13.9 billion cubic feet per day (bcfd), over best LNG exporters Australia and Qatar. U.S. exports of the gas have soared, hitting 9.77 bcfd, up from just 4.99 bcfd, three yrs in the past, in accordance to U.S. government data. read through much more

The LNG promoting procedure could put Williams into competitors with Cheniere Strength, Shell Plc and QatarEnergy, which market place their personal output. The company operates 30,000 miles (48,280 km) of fuel pipelines and expanded in the past yr by buying gasoline acreage from Chesapeake Energy.

“The LNG advertising initiatives would be a in addition,” claimed Stephen Ellis, analyst at fiscal providers firm Morningstar, “but it would be incredibly challenging to be profitable without having any precise LNG terminal ownership.”

Dan Werner, a 25-year veteran who most not too long ago ran NextDecade’s Europe and Americas LNG advertising, was named Williams’ handling director of global LNG this month, in accordance to his LinkedIn profile. He previously held senior roles at Golar LNG, BG Group and Sempra Strength, the profile showed.

Daniel Glazner, who was an LNG trader at ConocoPhillips and most not long ago oversaw LNG and midstream infrastructure tasks at Hanwha Standard Chemical, was hired this month to build Williams’ LNG marketing workforce, according to his LinkedIn profile.

Williams and Werner did not reply to requests for remark. Glazner declined instant comment.

“I’ll be operating with an awesome group to develop and establish a LNG promoting team from perfectly-head to drinking water,” Glazner wrote on his profile.

Glazner earlier was a director at Toshiba The usa LNG Company, an impartial LNG consultant, and senior controlling consultant for LNG at Berkeley Study Group.

Reporting by Marcy de Luna Additional reporting by Liz…