Singapore LNG Corp. (SLNG) Pte Ltd announced that it has appointed John Ng as CEO to succeed Neil McGregor, who will hand over the position at the end of the year, as part of a planned succession process managed by the SLNG Board.
Ng, who stepped down recently as CEO of YTL PowerSeraya Group, will join SLNG as CEO-Designate from Dec. 1.
“We are fortunate to have someone of John’s calibre and energy to take over from Neil, and to lead in continuing the good work achieved by the SLNG Team,” Chairman of SLNG Bob Tan said in a press release.
The Singapore LNG (liquefied natural gas) Terminal, which commence operations in May with two LNG storage tanks and a regasification capacity of 3.5 million tons per annum (Mtpa), will increase to 6 Mtpa when a third storage tank and additional regasification facilities come online by the end of this year.
Meanwhile, SLNG has commenced the process for expansion of the Terminal (Phase 3), which will boost its throughput capacity to 9 Mtpa. An Expression of Interest has been issued to potential contractors possessing the requisite capabilities and the final investment decision, including construction award, are expected in the early second quarter of 2014.
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