Liquefied Natural Gas Ltd. is pleased to announce that it has entered into a Bid Implementation Agreement with LNG9 PTE LTD , a Singapore-based private company, pursuant to which LNG9 will make an offer to acquire all of the issued ordinary shares of LNGL under the terms of an off-market takeover bid . LNGL has over the last year evaluated many potential corporate and asset transactions to provide liquidity and value for [...]
Liquefied Natural Gas Ltd. - FY 2020 Half-Year Results for Announcement to the Market In accordance with the ASX Listing Rules, Liquefied Natural Gas Ltd. encloses the following information: The ASX Appendix 4D for the Half-Year Ended 31 December 2019; and The Financial Report for the Half-Year Ended 31 December 2019. To view the half year report, please visit: https://abnnewswire.net/lnk/1M5B7LZ2 About Liquefied Natural [...]
Liquefied Natural Gas Ltd. achieved several milestones in the second quarter of the fiscal year, with a synopsis of these accomplishments provided in the Quarterly Activities report. Shortly after quarter end, LNGL received the Supplemental Final Environmental Impact Statement from the United States Federal Energy Regulatory Commission for the Magnolia LNG production capacity amendment. The FEIS is a key milestone in our [...]
Liquefied Natural Gas Ltd. is pleased to advise that the United States Federal Energy Regulatory Commission issued the Supplemental Final Environmental Impact Statement for the production capacity amendment to the Company's Magnolia LNG LLC project on 24 January 2020. Magnolia LNG's production capacity amendment, filed with FERC on 19 November 2018, would increase the total authorized production capacity of Magnolia from [...]
Further to the attached Press Release from Delta Offshore Energy Pte Ltd , Liquefied Natural Gas Ltd. wishes to congratulate Delta Offshore Energy on the receipt of the Investment Registration Certificate for their 3,200-megawatt LNG-to-power project in Vietnam's Bac Lieu Province . LNGL understands that the IRC is the final regulatory approval required for the Bac Lieu Project. LNGL also wishes to express gratitude to [...]
Further to the attached Press Release from Delta Offshore Energy Pte Ltd , Liquefied Natural Gas Ltd. wishes to express its support and gratitude for the recent approval of the amendments to Vietnam's Power Development Plan 7 by Prime Minister Nguy?n Xuan Phuc. The amendments incorporate DeltaOE's proposed 3,200-megawatt LNG-to-power project into the PDP7, which had originally been planned as a coal-fired facility. The [...]
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$4.623 billion contract providing an installed EPC cost/tonne of US$525 is now valid through June 30, 2020. The agreement incorporates the 0.8 million tonnes per annum capacity uplift for [...]
LNG Limited invites analysts, shareholders, and other interested parties to join a conference call with senior management on Wednesday, 20 November, at 9:00 a.m. which is 4:00 p.m. on Tuesday, 19 November, or 5:00 p.m. EST. During the call, senior management will discuss the results of the Company's recent Annual General Meeting. The conference call will be recorded and placed on the Company's website. Conference call [...]
Liquefied Natural Gas Ltd. 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 - Updated lump sum, turnkey fully wrapped EPC contract pricing and scope - Gained approval of Magnolia LNG's Louisiana Industrial Tax Program [...]
Liquefied Natural Gas Ltd. is pleased to advise that the Company has been chosen to participate in a United States Business Development Trade Mission to Thailand, Indonesia, and Vietnam led by U.S. Secretary of Commerce Wilbur Ross from November 3 - 8, 2019 including attendance at the Indo-Pacific Business Forum in Bangkok. The mission intends to accelerate U.S. commercial activity in Southeast Asia in liquefied natural [...]
Liquefied Natural Gas Ltd. realized several accomplishments providing additional momentum during the first quarter of the Company's fiscal year. These achievements include: - A Memorandum of Understanding for 2 mtpa from Magnolia LNG with Delta Offshore Energy in Vietnam, the validity of which has subsequently been extended to July 1, 2020; - The receipt of the Draft Environmental Impact Statement from the U.S. Federal [...]
Liquefied Natural Gas Ltd. through its 100% owned project company, Magnolia LNG LLC , and Delta Offshore Energy Pte Ltd have agreed to extend the validity date of their agreed upon non-binding Term Sheet until July 1, 2020 by entering into an Amended and Restated Memorandum of Understanding. The parties also agreed to use reasonable efforts to negotiate and reach agreement on the terms and conditions of a definitive [...]