Venture Global LNG Adds Former Deputy Secretary of Energy To Board of Directors

WASHINGTON, Dec. 3, 2014 /PRNewswire/ -- Venture Global LNG, Inc. is pleased to announce former Deputy Secretary of Energy Daniel B. Poneman as the newest member of its Board of Directors.

"Dan adds to our leadership a wealth of energy, policy and international experience," said Bill Wicker, CEO of Venture Global LNG. "Dan has had a wonderful tenure at the highest levels of public service with the U.S. Department of Energy.  We are very grateful we will have the benefit of his experience, insights and guidance. Additionally, Dan's background will help make an important contribution to our mission to provide safe, reliable LNG exports."

Poneman served as deputy secretary of energy from May 2009 until October of this year, with responsibilities spanning the range of U.S. energy policies and programs, including cybersecurity, project management, national security and international cooperation. His efforts in incident management and emergency response included the Fukushima accident, the 2011 drawdown from the U.S. Strategic Petroleum Reserve, and Hurricane Sandy.

From 2001 to 2009, Poneman served as a principal of The Scowcroft Group, providing strategic advice to corporations on a wide variety of international projects and transactions.  Prior to The Scowcroft Group, he practiced law as a partner at Hogan & Hartson in Washington, D.C. He also served on the National Security Council as director of defense policy and arms control under President George H.W. Bush and as special assistant to the president and senior director for nonproliferation and export controls under President Bill Clinton. Poneman is published widely on energy and national security issues.

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.

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SOURCE Venture Global LNG, Inc.