Williams Hires LNG Executives for New Marketing Arm
HOUSTON (Reuters) — U.S. natural gas pipeline operator Williams Companies has hired two veteran executives to set up an LNG marketing operation, according to employee profiles and people familiar with the matter.
New LNG production capacity this year will push the United States' processing capacity to 13.9 Bcf/d, above top LNG exporters Australia and Qatar. U.S. exports of the fuel have soared, hitting 9.77 Bcf/d in 2021, up from just 4.99 Bcf/d three years ago, according to U.S. government data.
The LNG marketing operation could put Williams into competition with Cheniere Energy, Shell Plc and QatarEnergy, which market their own production. The company operates 30,000 miles (48,280 km) of gas pipelines and expanded in the past year by acquiring gas acreage from Chesapeake Energy.
"The LNG marketing efforts would be a plus," said Stephen Ellis, analyst at financial services firm Morningstar, "but it would be very difficult to be successful without any actual LNG terminal ownership."
Dan Werner, a 25-year veteran who most recently ran NextDecade's Europe and Americas LNG marketing, was named Williams' managing director of global LNG this month, according to his LinkedIn profile. He previously held senior roles at Golar LNG, BG Group and Sempra Energy, the profile showed.
Daniel Glazner, who was an LNG trader at ConocoPhillips and most recently oversaw LNG and midstream infrastructure projects at Hanwha General Chemical, was hired this month to develop Williams' LNG marketing team, according to his LinkedIn profile.
Williams and Werner did not reply to requests for comment. Glazner declined immediate comment.
"I’ll be working with an amazing group to build and develop a LNG marketing team from well-head to water," Glazner wrote on his profile.
Glazner previously was a director at Toshiba America LNG Corporation, an independent LNG consultant, and senior managing consultant for LNG at Berkeley Research Group.
Related News
Related News
- Energy Transfer Wins New York Court Ruling in $150 Million Pipeline Fraud Case
- $3 Billion Natural Gas Pipeline Expansion to Add 1.3 Bcf Capacity in Southeast Region
- Trump Puts Keystone XL Pipeline Back in Discussion, Though Revival Faces Developer Resistance
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
- Phillips 66 to Sell $865 Million Stake in 500-Mile Gulf Coast Express Pipeline to ArcLight
- NDT, Aramco to Launch 56-Inch Inspection Tool
Comments