WASHINGTON, Jan. 22, 2015 /PRNewswire-USNewswire/ -- Venture Global LNG, Inc. is pleased to announce that its wholly-owned subsidiary, VG LNG Marketing, LLC, has hired energy marketing expert Dr. Alexander Schreyer. Based in Germany, Dr. Schreyer will have a particular focus on potential LNG buyers in Europe.
"Alex's knowledge and experience in the global LNG market will further enhance and accelerate our international sales efforts," said William M. Wicker, CEO of Venture Global LNG.
"The LNG market is dynamic and North American LNG is an attractive, cost-effective addition to the global energy supply. Venture Global has the capabilities and leadership to succeed in the LNG export business, and I am delighted to join the team," said Schreyer.
Dr. Schreyer comes to VG LNG Marketing, LLC with ten years of trading and commodity sales experience in the European energy industry. He most recently served as Senior Business Developer LNG at E.ON Global Commodities SE. In this role, he was responsible for the procurement of LNG from the US. Further, he contributed to the development of a dedicated LNG-to-power strategy by creating strategic partnerships with engineering, procurement and construction (EPC) providers, as well as O&M contractors and feed gas providers. He also successfully structured and negotiated long-term sales and purchase transactions of LNG.
Prior to E.ON, Alexander served as a senior consultant with IBM Global Business Services for five years. As a consultant, he led and managed multiple engagements with major oil and gas companies as well as energy trading organizations.
About Venture Global LNG
Venture Global LNG is currently developing the Calcasieu Pass project, a liquefaction and export facility in Cameron Parish, Louisiana, south of the city of Lake Charles. Pending regulatory approval, the project will serve LNG markets by exporting ten million metric tonnes per annum of LNG to customers throughout the world. Venture Global LNG plans to be a long-term, low-cost producer of LNG, capitalizing on low-cost natural gas production in the U.S. Venture Global LNG's strategy uniquely utilizes a highly efficient, mid-scale LNG liquefaction technology. Venture Global LNG intends to develop, own and operate additional LNG liquefaction and export facilities in the future. More can found at www.venturegloballng.com.
SOURCE Venture Global LNG, Inc.