Liquefied Natural Gas Limited (ASX:LNG; OTC ADR:LNGLY) has now appointed Philip Moeller as its third U.S. based non-executive director.
Former Commissioner Philip Moeller left the Federal Energy Regulatory Commission (FERC) in October 2015 as the second-longest serving member in the history of FERC.
He left office as the only person in the federal government in a Senate‐confirmed position who was nominated by both President George W. Bush and President Barack Obama.
Richard Beresford, LNGL chairman, commented: “We are honoured to have someone of Philip’s recent energy regulatory and US Government background join the LNGL Board.
"His experience and knowledge of US Government policy and interaction with other key Government Departments will be very important in achieving the company’s growth ambitions.
"Being based in Washington DC will also enable him to interact regularly with our corporate and project teams in Houston.”
The company had circa A$149 million in cash at the end of October 2015, and is now 57.1% owned by North American investors.
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