More smokin’ hot AGDC documents

0

POSSIBLE CONFLICTS OF INTEREST NOTED

Forwarded to Must Read Alaska, is this redacted document. We don’t know the “to” and the “from” of this interesting memo, evidently written by Alaska Gasline Development Corporation vice chair Hugh Short to an unknown party, defending the hiring of Keith Meyer, the new president and CEO of AGDC.

What caught our eye is the reference Short makes to Meyer and an ownership of distribution from an unknown company that is alluded to in the pentultimate paragraph. What company is that and why did it raise a red flag?

AGDC HUGH SHORT MEMO

BIO OF AGDC CHIEF

Earlier this week, Meyer tried to hire his daughter to work in the AGDC’s Houston office, which will be the hub of activity going forward. His efforts were turned by by board Chairman Dave Cruz, who told the Alaska Dispatch he would guard against nepotism.

A published bio of Meyer at LNG America shows his possible financial interests that may have posed a concern:

Keith Meyer is a seasoned executive with more than 34 years of experience in the energy industry, including LNG receiving terminals, natural gas pipelines, storage projects, power plants, gas liquids plants, and gas separation projects spanning four continents.

Mr. Meyer has served in executive positions at Fortune 500 companies, primarily engaged in energy infrastructure development and small fast-growing energy companies. He was president of Cheniere LNG when that company developed North America’s largest LNG import terminal. Mr. Meyer joined CMS Energy to grow its non-utility gas transmission business and led the domestic and international pipeline and gas storage development efforts while assisting with power plant development activities.  He also previously served as Chairman of the Board of Flex LNG, a public company developing floating LNG production facilities.

Additional activities include acting as commercial lead on the team that assisted the Israeli Government in the analysis and preparation of bid documents for that country’s LNG import terminal.

Mr. Meyer is an MBA graduate of Rice University and has served as guest lecturer at Duke University, Louisiana State University, the University of Houston, and has been a course instructor for Rice University’s Energy Management Certificate program.