Chesapeake Energy aims to expand push into LNG with market adviser
(Reuters) - Shale gas producer Chesapeake Energy plans to hire a LNG adviser, according to a job listing, as it seeks to expand into the fast-growing export market.
U.S. natural gas producers have seized on LNG for future output, with several developing ties with gas buyers, LNG producers and pipeline operators. U.S. LNG exports rose 50% last year, to 9.7 Bcf3.
The Oklahoma City firm, which does not currently produce LNG, wants someone to "lead new business opportunities for Chesapeake" in LNG and provide executives with "guidance on LNG marketing activities," according to a LinkedIn posting.
A representative from Chesapeake did not immediately respond to a request for comment.
Chesapeake is aiming to take a greater role in liquefied natural gas markets, Chief Executive Nick Dell'Osso said in March at a conference. Gas pipeline operator Williams Companies earlier hired two executives to set up a LNG marketing operation.
Chesapeake recently participated in a meeting with European nations hoping to wean their countries off gas from Russia over its invasion of Ukraine. That event was organized by trade groups American Exploration and Production Council (AXPC) and LNG Allies.
(Reporting by Liz Hampton in Denver; Editing by Cynthia Osterman)
- Gasum powers Equinor's platform supply vessel with bio-LNG
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
- ONEOK to acquire Medallion and controlling interest in EnLink for $5.9 B
Comments