"Charles has been an outstanding partner since we founded this company together ten years ago," said Smith. "Working side by side, we have created a tremendous enterprise together and I am proud of what we have accomplished. I want to thank Charles for continuing to delay his retirement until we were this far along in the development of our planned liquefaction facility, and I look forward to continuing to work closely with him in his new capacity."
About Freeport LNG
Freeport LNG Development, L.P. (FLNG), is a Delaware limited partnership, whose sole general partner is owned 50% by Michael S. Smith and 50% by ConocoPhillips Company. FLNG has four limited partners: (1) Freeport LNG Investments, LLLP, an entity owned by Michael S. Smith; (2) ZHA FLNG Purchaser LLC, a Delaware limited liability company; (3) Texas LNG Holdings, LLC, a wholly owned subsidiary of The Dow Chemical Company; and (4) Turbo LNG, LLC, a wholly owned subsidiary of Osaka Gas Co., Ltd. FLNG owns and operates an existing LNG regasification terminal located near Freeport, Texas that commenced operations in June 2008. In 2010, Freeport LNG Expansion, L.P., a wholly owned subsidiary of FLNG, commenced development of an expansion of the existing LNG receiving facility to add natural gas liquefaction production and export capability. More information about FLNG and the liquefaction project may be found at www.freeportlng.com.
For further information, please visit our website at www.freeportlng.com or contact:
Lisa SingletonBrunswick Group214-254-3790
SOURCE Freeport LNG