Liquefied Natural Gas Ltd. maintains its confidence in delivering an FID on Magnolia LNG, for the following reasons: - Global appetite for significant new sources of LNG in the 2020s remains absolute; - Feedback from buyers supports the competitiveness of Magnolia LNG's commercial offering; - Magnolia LNG's smaller capacity size enables achievement of a critical mass in contracting firm offtake to drive FID as compared [...]
Liquefied Natural Gas Ltd. is pleased to advise that the United States Federal Energy Regulatory Commission issued the Draft Supplemental Environmental Impact Statement for the production capacity amendment to the Company's Magnolia LNG LLC project on 27 September 2019. Magnolia LNG's production capacity amendment, filed with FERC on 19 November 2018, would increase the total authorized production capacity of Magnolia [...]
Liquefied Natural Gas Ltd. maintains its confidence in delivering an FID on Magnolia LNG, for the following reasons: - Global appetite for significant new sources of LNG in the 2020s remains absolute; - Feedback from buyers supports the competitiveness of Magnolia LNG's commercial offering; - Magnolia LNG's smaller capacity size enables achievement of a critical mass in contracting firm offtake to drive FID as compared [...]
In response to further inquiry by the ASX, wishes to provide further information to the market in relation to its announcement of an LNG-to-power project in Vietnam dated 16 September 2019 . As stated in the Announcement, the project is led by Delta Offshore Energy Pte Ltd in coordination with LNGL's wholly-owned subsidiary, Magnolia LNG LLC , and the Bac Lieu Provincial Government in Vietnam. The Announcement refers to a [...]
Delta Offshore Energy and Liquefied Natural Gas Ltd. jointly announce an alliance with the Bac Lieu Provincial Government in Vietnam to deliver an LNG-to-power project for the province. The DeltaOE led power project includes the construction and operation of an LNG import terminal, 3,200-megawatt combined-cycle power plant and delivery of power generation to the Bac Lieu Province. The integrated project is expected to [...]
Liquefied Natural Gas Ltd. has received several inquiries regarding the share transition process and wishes to reiterate the share listings legally eligible to transfer to the NASDAQ Stock Exchange as part of the previously announced re-domiciliation of the Company. LNGL has a simple capital structure consisting solely of outstanding ordinary fully paid shares of capital stock issued by the Company. The Company's fully [...]
Liquefied Natural Gas Ltd. provide the EnerCom Denver Conference Presentation detailing LNGL's low cost, low risk projects leading the second wave of LNG development. To view the presentation, please visit: http://abnnewswire.net/lnk/TZG88YTN About Liquefied Natural Gas Ltd: Liquefied Natural Gas Ltd. is an ASX listed company whose portfolio consists of 100% ownership of the following companies: - Magnolia LNG, LLC , a [...]
Liquefied Natural Gas Ltd. ended its fiscal year focused on marketing and commercial efforts to sign offtake contracts for Magnolia LNG as well as exploring new liquidity options. Concurrently, we achieved important milestones that bring us closer to a final investment decision. These milestones include state government approval of our Louisiana Industrial Tax Exemption, Notice of Schedule for Environmental Review from [...]
The Board of Directors of Liquefied Natural Gas Ltd. announces its decision to re-domicile the Company to the United States of America. LNGL will proceed to list on the NASDAQ Stock Exchange following regulatory and judicial approvals and an affirmative shareholder vote. "After continued evaluation by the Board and management team and given the Company's confidence in raising new capital to fund our business and marketing [...]
Liquefied Natural Gas Ltd. is pleased to advise that its wholly owned subsidiary, Magnolia LNG LLC , has agreed to an updated legally binding lump sum turnkey fully wrapped engineering, procurement, and construction contract with the KBR-SKE&C joint venture , in relation to the Magnolia LNG project . The updated agreement reflects the entire scope of the original EPC Contract amended for updated subcontractor pricing [...]
Liquefied Natural Gas Ltd. has received Notice of Intent from the United States Federal Energy Regulatory Commission that the agency will prepare a supplemental Environmental Impact Statement for the incremental 0.8 million tonnes per annum production capacity increase application for the Company's wholly owned subsidiary, Magnolia LNG LLC . FERC's NOI only pertains to the capacity uplift for Magnolia from 8.0 mtpa to 8.8 [...]
LNG Limited is pleased to announce that Magnolia LNG has received its Industrial Tax Exemption Program incentive from the State of Louisiana following approval by the Louisiana Board of Commerce and Industry, local governments and Gov. John Bel Edwards. The ITEP program is designed to offer a tax incentive for manufacturers who make a commitment to jobs and payroll in Louisiana. Magnolia was eligible for the property tax [...]