Meg Gentle, former executive vice president of marketing at Cheniere Energy, has joined Tellurian Investments as president and chief executive officer and a member of the board of directors.
Gentle has also made a US$10 million private investment in Tellurian, a company established by former CEO of Cheniere, Charif Souki and Martin Houston, former COO of BG Group, now owned by Shell, after recently leaving Cheniere the company she joined in 2004.
As president and CEO, Gentle will run the strategic and daily operations of Tellurian. Souki continues to serve as the non-executive chairman, with Houston as the executive vice chairman, a statement by the company reads.
Gentle is set to run the development of Tellurian’s first project, the 26 mtpa Driftwood LNG export plant proposed near Lake Charles, Louisiana.
Driftwood LNG is currently in the engineering design and pre-filing phase and has already been granted approval for its pre-filing request by the Federal Energy Regulatory Commission (FERC).
Tellurian expects construction of the project to begin in 2018, and the project to become operational in 2022.
In addition, Tellurian entered a merger agreement with Magellan Petroleum Corporation earlier in August and expects to close the agreement in the fourth quarter this year.