David Chung, who founded Annova and becomes an Exelon vice president, will retain a minority share.
Pipeline gas as well as production from the Eagle Ford shale in south Texas is expected to feed the planned terminal.
Annova describes itself as a mid-scale LNG export company “to serve unmet demand among US free-trade nations with demand requirements that are too small to participate in the offtake from large liquefaction facilities”.
Annova’s
