Revenge: Fired Cheniere CEO Starts Competing LNG Company

Martin_Houston_left_Charif_Souki_right_2016

Martin Houston (left) and Charif Souki

Several days ago Charif Souki, co-founder and former CEO of Cheniere Energy (forced out by Carl Icahn) announced he had resigned from the board of Cheniere. We now know why. Souki has formed a new LNG export company with former COO and executive director of BG Group, Martin Houston. Just like Aubrey McClendon started a new company to compete with Chesapeake (American Energy) after being forced out of Chesapeake Energy by Icahn, so too Souki has now formed a new company to compete with his old company. The new company is called Tellurian Investments and its mission is to offer “mid-scale natural gas liquefaction and export projects along the United States Gulf Coast.” No doubt those Gulf Coast export facilities will use at least some Marcellus/Utica shale gas to feed them. Here’s the details on Souki’s new “in your eye Carl Icahn” venture…

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