2019 AGM Presentation
Perth, Nov 14, 2019 AEST (ABN Newswire) - Liquefied Natural Gas Ltd (
ASX:LNG) (LI5:FRA) (LNGLY:OTCMKTS) present the 2019 AGM Presentation detailing significant milestones for the 2019 period.
Highlights from 2019
- Initiated regulatory process for Magnolia LNG capacity increase from 8.0 to 8.8 mtpa
- Received Draft Environmental Impact Statement from FERC (expected final approval in early 2020)
- Updated lump sum, turnkey fully wrapped EPC contract pricing and scope
- Gained approval of Magnolia LNG's Louisiana Industrial Tax Program exemption
- Signed MOU for delivery of LNG to Vietnam
- Agreed MOU with key counterparties reducing labor relations risk at Bear Head LNG
- Initiated re domicile and U.S. listing process
To view the presentation, please visit:
https://abnnewswire.net/lnk/764U46Y1
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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