Prometheus Energy Appoints New CEO, USA

January 3, 2013

Prometheus Energy Group, an energy company specializing in liquid natural gas fuel solutions, announced that it appointed Jim Aivalis as chief executive officer and a member of its board of directors, effective January 7, 2013.

Mr. Aivalis will be responsible for the overall management and growth of the Company.

Michiel Boersma , Chairman of the Board, commented, “I am very pleased to have Jim Aivalis join Prometheus Energy as CEO. Jim’s successful long term experience as a leader in the energy industry will further strengthen the Company as the largest and fastest growing supplier of liquefied natural gas (LNG) to the industrial sector in North America.”

Mr. Aivalis brings more than 30 years of energy industry experience to the Company. Prior to joining Prometheus Energy, Mr. Aivalis was the CEO and President of ThruBit Logging Solutions, a Schlumberger company. ThruBit developed and commercialized new downhole data acquisition technology.

Mr. Aivalis previously spent years as Managing Director of Tenaris, a leading global manufacturer and supplier of pipe products and services to the energy industry. Prior to Tenaris, Mr. Aivalis had various senior management roles in Schlumberger.

Commenting on his move to Prometheus Energy, Mr. Aivalis stated, “I am excited to join Prometheus Energy and lead a great and committed team. Prometheus Energy has a compelling customer value proposition as the leading supplier of LNG to the industrial sector in North America. I look forward to working with our customers and suppliers to increase the replacement of oil derivatives with natural gas, especially in the energy and mining industries.”

Mr. Aivalis succeeds previous CEO Ron Bertasi , who stepped down in December last year.

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LNG World News Staff, January 03, 2013