OSLO, Norway, Aug. 27, 2003 (PRIMEZONE) -- Charlie Peile has accepted the position as head of the commercial department of Golar LNG (Nasdaq:GLNG) to strengthen and lead its existing marketing team. Having worked with Gotaas Larsen for 16 years, he is revisiting familiar territory. His appointment will strengthen the company's on-going commitment to its existing and increasing customer base. Mr. Peile has worked for the last 4 years for Clarksons and LNG Shipping Solutions (a joint venture between BRS and Clarksons). His work with the two broking companies to provide clients with innovative ideas has kept him in close contact with the major users in the LNG industry.
- Charlie Peile advises that he is very excited by the opportunity to work with Golar LNG, the world's largest independent LNG ship owner, at a time in the economic cycle when brave investment decisions, backed by a strong financial position and an unmatched safety and operational record, can reinforce the pre-eminence of Golar LNG in the LNG transportation sector.
- Golar's Chief Executive, Tor Olav Troeim, said: "We are very pleased to have recruited Mr. Peile. He has through his long experience in-depth knowledge in how the LNG industry works and how the players think. One of the major challenges to the LNG shipping companies is to provide our customers with new products which can give them increased flexibility and thereby increased profitability. Golar LNG has the ambition to be in the forefront of this development. In addition to the marketing of the fleetMr. Peile will also be responsible for developing relations and new joint venture businesses with other participants in the LNG industry, an important part in the strategy of continuing to successfully develop Golar LNG.