Mr Gray will replace Otis Winters, who has earlier announced his intention to resign as a director.

Mr Gray has 33 years of experience in management, energy and finance. Currently, Mr Gray is CFO of Colonial Pipeline, which operates a pipeline system for refined petroleum products throughout the southern and eastern US. He has also served as CFO for Petrocosm, a provider of internet-based procurement services to the oil and gas industry.

James Hunt, chairman, president and CEO of Regency, said: Rod has extensive capital market and corporate finance experience, and is knowledgeable as to the master limited partnership structure of energy companies. Rod’s veteran leadership and specific pipeline experience will strengthen our board.