Cheniere Energy Elects Stuart J. Wagner Senior Vice President Corporate Development
Cheniere Energy, Inc. (AMEX:LNG) announced today that its board of directors has elected Stu Wagner to the position of Senior Vice President Corporate Development.
Mr. Wagner has over 25 years of experience in the natural gas and energy industry. He served for 17 years as a founding partner of Petrie Parkman & Co., a leading energy investment banking boutique recently acquired by Merrill Lynch & Company. As a securities analyst there, Mr. Wagner covered both the regulated and unregulated natural gas sectors as well as independent exploration & production companies. Prior to joining Petrie Parkman & Co., Mr. Wagner was in the energy research department at The First Boston Corporation.
Mr. Wagner received a Bachelor of Science degree in Finance and a Masters of Business Administration from the University of Northern Colorado. He is a member of the National Association of Petroleum Investment Analysts.
Cheniere is developing a network of three, 100% owned LNG receiving terminals and related natural gas pipelines along the Gulf Coast of the United States. The three terminals will have an aggregate send-out capacity of 9.9 billion cubic feet per day. Cheniere is pursuing related LNG business opportunities both upstream and downstream of the terminals. Cheniere is also the founder and holds a 30% limited partner interest in a fourth LNG receiving terminal. Additional information about Cheniere Energy, Inc. may be found on its web site at www.cheniere.com.
This press release contains certain statements that may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included herein are "forward-looking statements." Included among "forward-looking statements" are, among other things, (i) statements regarding Cheniere's business strategy, plans and objectives and (ii) statements expressing beliefs and expectations regarding the development of Cheniere's LNG receiving terminal business. Although Cheniere believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Cheniere's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Cheniere's periodic reports that are filed with and available from the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required under the securities laws, Cheniere does not assume a duty to update these forward-looking statements.
Source: Cheniere Energy, Inc.
Released April 11, 2007