Houston Texas based Western LNG is raising $35,000,000.00 in New Equity Investment.
Houston, TX – According to filings with the U.S. Securities and Exchange Commission, Western LNG is raising $35,000,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Davis Thames played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Western LNG
Western is a Houston-based company engaged in the development of North American liquefied natural gas export facilities. Managed by a seasoned team of executives experienced in the LNG and related energy infrastructure industries, Western is developing an integrated solution for delivering abundant, low-cost North America natural gas to markets that need it most. Western has been evaluating mid-scale LNG solutions and identifying sites for development of next-generation liquefaction plants since 2015. By deploying innovative floating liquefaction technology at inland locations, particularly those that have existing pipeline access to natural gas basins, Western is opening up markets for these resources, which are stranded behind burgeoning shale production.
To learn more about Western LNG, visit http://www.westernlng.com/
Contact:
Davis Thames, President and Chief Executive Officer
713-581-2300
https://www.linkedin.com/in/davis-thames-150b917/
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