Meg Gentle Named as President and CEO of Tellurian Investments
August 31, 2016
Charif Souki and Martin Houston announced today that Meg Gentle has joined Tellurian Investments as President and Chief Executive Officer, and a member of the Board of Directors. Gentle has also made an $10 million private investment in Tellurian. Gentle recently left Cheniere Energy, where she served as Executive Vice President of Marketing, based in London, England.
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.
Gentle will drive the development of Tellurian’s first project, Driftwood LNG, a 26 million tonne per annum (mpta) export facility proposed near Lake Charles, Louisiana. Driftwood LNG is in the engineering design and pre-filing phase of the project. The Federal Energy Regulatory Commission (FERC) approved Driftwood LNG’s pre-filing request on June 6, 2016. Tellurian expects construction to begin in 2018, and the project to become operational in 2022.
Tellurian was formed in February by Souki and Houston to build mid-scale natural gas liquefaction and export projects along the United States Gulf Coast. Tellurian entered into a merger agreement with Magellan Petroleum Corporation on August 2, 2016, and expects the agreement to close in the fourth quarter this year.
Edited from press release.