Investor Presentation - Market Update
Perth, Mar 31, 2017 AEST (ABN Newswire) - Liquefied Natural Gas Ltd (
ASX:LNG) (LNGLY:OTCMKTS) is pleased to provide the Company's latest Investor Presentation on Market Update.
VISION
World's premier provider of mid-scale LNG liquefaction solutions
MISSION
Deliver safe, reliable, energy efficient, flexible mid-scale LNG liquefaction solutions at the industry's lowest full cycle cost to our customers and partners, while minimizing ecological impacts
VALUES
Safety-Performance-Partnership-Environment-Integrity- Diversity-Innovation-People
STRATEGY
Participate in global LNG projects by:
- Owning, developing, and operating greenfield LNG sites
- Contributing OSMR(R) technology solutions to secure equity ownership in new and existing third-party LNG projects
- Licensing the OSMR(R) process technology to third-parties
Addressing the "alternative facts" with real evidence
- Magnolia LNG is shovel ready
o Certainty on design
o Certainty on costs
o Certainty on permitting and approvals
o Certainty on source of equity
o Certainty on pricing required to financially close project
- Greenfield competitor Projects are at various stages of development
o None have lump sum turnkey EPC contracts executed
o None have FERC Order for liquefaction facility
o None have DOE Non-FTA approval
o None have regulatory approval for required pipeline construction
o All have substantial CAPEX obligations in addition to liquefaction capacity EPC CAPEX
o Most have retainage percentage (fuel used in LNG production) considerably greater than Magnolia LNG
o Some do not have a fully completed and agreed Project FEED
o Some are cost disadvantaged by cost of gas supplies (Henry Hub + Location + Pipe Transport + Pipe Fuel)
o Some require attainment of unrealistic market share to achieve aspirational EPC $ per ton rates
Conclusion: Competitor Projects carry undeniable risk of offtake price increases before FID due to uncertain cost & schedule relative to Magnolia
To view the full presentation, please visit:
http://abnnewswire.net/lnk/KQZY103O
About Liquefied Natural Gas Ltd
Liquefied Natural Gas Limited (
ASX:LNG) (OTCMKTS:LNGLY) (LNGL) is an ASX listed company whose portfolio consists of 100% ownership of the following companies:
- Magnolia LNG, LLC (Magnolia LNG), a US-based subsidiary, which is developing an eight mtpa or greater LNG export terminal, in the Port of Lake Charles, Louisiana, USA;
- Bear Head LNG Corporation Inc. (Bear Head LNG), a Canadian-based subsidiary, which is developing an 8 – 12 mtpa LNG export terminal in Richmond County, Nova Scotia, Canada with potential for further expansion;
- Bear Paw Pipeline Corporation Inc. (Bear Paw), which is proposing to construct and operate a 62.5 km gas pipeline lateral to connect gas supply to Bear Head LNG; and
- LNG Technology Pty Ltd, a subsidiary which owns and develops the Company's OSMR® LNG liquefaction process, a midscale LNG business model that plans to deliver lower capital and operating costs, faster construction, and improved efficiency, relative to larger traditional LNG projects.
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