One-year-old company won gas use project over more experienced bidders

Jesus Bronchalo

As government continues to defend the choice of the less-than-one-year-old Fulcrum LNG Inc for a possibly lucrative gas development deal, more questions are being raised about the evaluation process as some very experienced companies failed to get the nod.

There has also been major controversy over the fact that Fulcrum  is headed by ExxonMobil’s former Vice President of  LNG Market Development, Jesus Bronchalo. It raises concerns that ExxonMobil may have undue influence on matters related to the utilization of non-associated gas from its offshore wells.