London, 23 October 2018 – New Age (African Global Energy) Limited and New Age LNG Limited (“NALNG”), a sister company New Age Limited (“New Age”), are pleased to announce and confirm the following appointment and positions:
Tim Summers, Chairman of New Age, said:
“I am delighted to announce today's appointments and look forward to continuing to work with David and Pascal, as well as Dave in this new role as CEO of NALNG. We now have an outstanding executive management team securely in place with the capability to explore, appraise, develop and bring into production the best prospects across our suite of African assets. This team has ability to deliver large, complex projects, and positions the New Age Group for its next stage of development.
Sheng Ding, Chairman, NALNG, said:
“We are very pleased to have secured the services of someone of the calibre of Dave Loran as CEO of NALNG. Dave's experience in the LNG business and existing relationships with our partners will be critical to the success of NALNG.”