Fairwood LNG, Owner of Delfin LNG, Announces Appointment of Daniel Werner as Chief Operating Officer

HOUSTON--()--Fairwood Peninsula Energy Corp ("Fairwood LNG”), the parent company and 100%-owner of Delfin LNG LLC (“Delfin LNG”), announced the appointment of Daniel “Dan” Werner as Chief Operating Officer. Dan was previously Senior Vice President of Commercial at Golar LNG (NASDAQ: GLNG) and brings more than 25 years of experience in the development, negotiation, and implementation of natural gas and LNG trading, transportation, and tolling agreements.

“We are very pleased to be adding an individual of Dan’s caliber to the Fairwood LNG team”

Dan played a critical role in Golar LNG’s evolving floating liquefaction business, providing him intimate knowledge of industry developments in the United States Gulf Coast, Africa, Canada, Asia and Latin America. His efforts have included commercial structuring and development of key baseline project and tolling agreements. Over the past two years, Dan was also a principal on the team that negotiated and delivered multiple technical and commercial agreements related to the conversion of two Golar LNG carriers into floating LNG production vessels.

Prior to Golar LNG, Dan’s professional experience included senior leadership roles with BG Group (LSE: BG), Sempra LNG, and El Paso Energy in the areas of LNG procurement and marketing, natural gas marketing, transportation, and project development. He has also been responsible for oversight of permitting, engineering, construction, and operations of natural gas surface production and midstream facilities. Dan also holds several patents related to pipeline construction technology.

Throughout his career, Mr. Werner has resided and worked in the United States, Mexico, West Africa, UK, Egypt, and Singapore. He holds an MBA in Finance and Marketing and a Bachelor of Science in Electronics Engineering. Mr. Werner will be based in Fairwood LNG’s headquarters in Houston, Texas.

“We are very pleased to be adding an individual of Dan’s caliber to the Fairwood LNG team” said Frederick Jones, Chief Executive Officer of Fairwood LNG and Founder of Delfin LNG. “As Fairwood LNG continues to develop the first floating liquefaction project in the United States, Delfin LNG, we could not think of someone better qualified to further advance the project’s commercial and technical aspects. Further, we believe Dan’s decision to leave a prominent midstream LNG company to join Fairwood LNG is a strong endorsement of the quality of Delfin LNG.”

Dan Werner commented, “I am thrilled to be joining a first-class, high-growth company like Fairwood LNG. Having been a principal at one of the leading floating liquefaction companies, I have studied the full spectrum of proposed liquefaction projects and can say with the utmost confidence that Delfin LNG is one of the most attractive projects in the world. I look forward to helping make Delfin LNG the first floating liquefaction project in the United States and to developing further growth opportunities for Fairwood LNG going forward.”

About Fairwood LNG LLC:

Fairwood LNG is a midstream LNG company focused on providing critical infrastructure for the floating liquefaction industry. Fairwood LNG is the parent company and 100%-owner of Delfin LNG LLC, which is developing the first floating liquefaction project in the United States. Fairwood LNG is well-positioned to expand its business beyond Delfin LNG over time to a variety of participants in the growing midstream LNG industry. The company is led by Chief Executive Officer Frederick Jones and has headquarters in Houston, Texas.

About Delfin LNG LLC:

Delfin LNG LLC (“Delfin LNG”) is currently developing the Delfin LNG Deepwater Port Project, a floating liquefaction and export facility to be located in the Gulf of Mexico. As planned, the Delfin LNG Project consists of onshore gas compression facilities, a 42-inch pipeline to transport natural gas offshore, and a deepwater terminal with four moorings and four floating liquefaction vessels. Subject to regulatory review and approvals, the Project initially will have a send out capacity of approximately 9 million metric tonnes per annum and, depending on market conditions, ultimately may expand to up to 13 mtpa. Delfin LNG signed a Joint Development Agreement with Höegh LNG Ltd (Oslo Børs: HLNG) in relation to the project. Further information is available at www.delfinlng.com.


Sard Verbinnen & Co
Dan Gagnier, 212-687-8080