LNG Limited continues to market Magnolia LNG across the globe consistent with our plan to sign customers on a 'first come first serve basis' regardless of a buyer's location. Our commitment remains two-fold: achieve a final investment decision for Magnolia LNG while providing a fair return to our shareholders. At the same time, we continue to manage our cash prudently in this demanding market. The entire LNG Limited team [...]
Liquefied Natural Gas Ltd. applauds the Federal Energy Regulatory Commission for their consideration of greenhouse gases in liquefied natural gas export projects. "LNG projects must attain financial close, while buyers should consider the impact of future carbon regimes. At LNGL, we continually work to balance our desire for low capital and operating cost, high operating efficiency, and minimized environmental impact [...]
Liquefied Natural Gas Ltd. provides the Company's Quarterly Highlights. QUARTER HIGHLIGHTS Magnolia LNG: - On March 22, 2019, Magnolia LNG, LLC received notice from the United States Department of Energy thatthe agency had granted authorization for Magnolia to expand its export capacity to 8.8 million tonnes per annum of LNG to countries that have free trade agreements with the United States. Bear Head LNG: - On February [...]
Liquefied Natural Gas Ltd. has received notice from the United States Department of Energy that the agency has granted authorisation for the Company's wholly owned subsidiary, Magnolia LNG LLC , to expand its export capacity to 8.8 million tonnes per annum of LNG to countries that have free trade agreements with the United States. This approval provides an 0.8 mtpa increase from the DOE's initial FTA approval orders. The [...]
Liquefied Natural Gas Ltd. provides the Company's latest presentation. OUR COMPANY - Australia domiciled, principal office in Houston, TX USA - Developer of mid-scale LNG export terminals - Over 20 mtpa of Atlantic Basin capacity under development - Patented optimized single mixed refrigerant ) liquefaction technology - Environmentally conscious and attentive Magnolia LNG - Regulatory approvals secured - Cost certainty [...]
Liquefied Natural Gas Ltd. provides the Company's Half Year Report. Our LNG capacity contract pricing offer is very market competitive. This pricing, when combined with our execution and delivery strategy, mature regulatory status, and financing plans, presents buyers with a very attractive commercial opportunity - Magnolia LNG. LNGL continued its emphasis on signing long-term offtake contracts for Magnolia LNG while [...]
Liquefied Natural Gas Ltd. provides the Company's Quarterly Highlights and Appendix 4C. QUARTER HIGHLIGHTS Magnolia LNG: - On November 19, 2018, Magnolia LNG, LLC filed an application with the US Federal Energy Regulatory Commission for a limited amendment to increase the authorized capacity of the facility from 8.0 mtpa to 8.8 mtpa. - On December 21, 2018, LNG Limited announced that its 100% owned project company [...]
Liquefied Natural Gas Ltd. through its 100% owned project company, Magnolia LNG LLC , and Meridian LNG Holdings Corp have mutually agreed not to extend the deadline for satisfaction of the conditions precedent to the Liquefaction Tolling Agreement beyond the current date of 31 December 2018. Magnolia and Meridian LNG executed the agreement on 22 July 2015 and entered into six extensions since then. "LNG Limited is [...]
Liquefied Natural Gas Ltd. has extended the validity period of its current binding engineering, procurement, and construction contract with KSJV for its 100% owned subsidiary, Magnolia LNG, LLC . The binding lump sum turnkey EPC US$4.354 billion contract is now valid through June 30, 2019. The initial agreement with KSJV was signed on 16 November 2015 with an installed capacity EPC cost/tonne range of US$495 to US$544 [...]
Liquefied Natural Gas Ltd. provides the Company's 2018 AGM Presentation. INVESTMENT HIGHLIGHTS - Low valuation relative to peers - Magnolia LNG capacity extended to 8.8 mtpa - Global LNG demand growth o Supply / Demand equilibrium by 2022 o Global demand doubling by 2030 - Certainty o Magnolia LNG is construction ready o Bear Head LNG positioned to open markets to stranded resources o 3rd Party interest in OSMR as [...]
Liquefied Natural Gas Ltd. provides the Company's Quarterly Highlights. QUARTER HIGHLIGHTS Magnolia LNG: - On September 27, 2018, LNGL announced that Magnolia LNG and Meridian LNG Holdings Corporation agreed extension of the financial close date of their legally binding 2.0 mtpa offtake agreement to December 31, 2018. All other provisions of the governing agreements not specifically amended by this extension remain in [...]
Liquefied Natural Gas Ltd. provides the Company's latest presentation at North American Gas Forum. Vision: World's premier provider of mid-scale LNG liquefaction solutions - Continued support for long term contracts - Contracts must be with credit worthy customers - Financing for these projects is readily available - A balanced portfolio for an LNG buyer requires some long-term contracts o 40 percent: Long-term o 40 [...]
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