WASHINGTON, Jan. 27, 2015 /PRNewswire-USNewswire/ — Venture Global LNG, Inc. is pleased to announce that Jimmy Staton has joined the company as Executive Vice President. In addition to his general contribution to executive leadership, in this role Staton will take lead responsibility for gas supply and gas procurement strategies.
“Jimmy is a known leader in U.S. energy. His deep knowledge and experience with structuring and arranging natural gas supplies in a FERC-regulated environment is an ideal fit for Venture Global,” said William M. Wicker, CEO of Venture Global LNG.
“In my new position with Venture Global, I am pleased to be joining a strong leadership team and I look forward to adding my experience and track record of delivering for customers and stakeholders to the team,” said Staton.
Staton brings to Venture Global LNG more than 30 years of executive-level management in the gas and electricity industries. Staton most recently served as a top officer of NiSource, Inc., one of the country’s largest natural gas transmission, storage and distribution systems, serving as Executive Vice President and Group CEO for its Columbia Pipeline Group. While at NiSource, Staton was responsible for developing and executing strategies resulting in a portfolio of $25 billion of long-term investment opportunities. Prior to his tenure at NiSource, Staton held several senior executive level positions at Dominion Resources, Inc. where he helped create one of the lowest cost operations in the industry.
Staton has also been active in industry organizations. He served on the Board of Directors for the Edison Electric Institute, the Interstate Natural Gas Association of America, the American Gas Association, the American Gas Foundation and the Southern Gas Association. Staton will continue to serve on the Board of Directors for Venture Global LNG, Inc.
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.