Australia: LNG Expert Becomes Nexus Energy CEO

Nexus Energy said it has appointed Mr Lucio Della Martina as its Chief Executive Officer.

Mr Della Martina will take up his appointment with Nexus mid-May and will be relocating from Perth to Melbourne. Following a short handover period, Executive Directors, Michael Fowler and Ian Boserio will resume the positions of Non-executive Chairman and Non-executive Director respectively.

Mr Della Martina’s most recent position was Executive Vice President – Australia Business with Woodside Energy and he has led the Pluto project development since the field was discovered in 2005.

Mr Della Martina comes to Nexus with more than 20 years of experience across refining technology, international oil trading, gas business development, LNG marketing and LNG supply planning. He held various positions within Woodside including General Manager of Gas Business Development, General Manager of LNG Marketing and Vice President, ALNG (the marketing arm of the North West Shelf Venture). Mr Della Martina was employed by Shell from 1980 to 1991 in roles covering refining technology, operations, economics, planning and international oil trading.

Mr Della Martina commented, “Nexus Energy is in a very strong position to take its key assets forward towards development and has the opportunity to capture very substantial shareholder value along the way. I look forward to joining the team at Nexus.”

Nexus Chairman, Michael Fowler said “On behalf of the Board, I welcome Lucio to the Company and look forward to working with one of the recognised leaders of the Australian petroleum industry as we work to crystallise the value of our assets for shareholders.”

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LNG World News Staff, April 3, 2012; Image: Woodside