Liquefied Natural Gas Ltd.: 2016 AGM Presentation
Perth - Liquefied Natural Gas Ltd. (ASX:LNG) (OTCMKTS:LNGLY) is pleased to provide the company's AGM Presentation held on 17 November 2016.U.S. Presidential Election
- American public surprised by the results
- Republican administration viewed as favorable to business
- Views on trade and energy
- Areas impacting LNG Limited
Liquefied Natural Gas Ltd.
- Developing 20-24 mtpa of mid-scale liquefaction
- Technology advantaged, lowest full cycle cost design
- Regulatory certainty assured
- Aligned with leading global contractors
- Geographic site diversity, naturally protected
- Material value creation opportunity
All Projectsin Advanced Development Stage
- Magnolia LNG
-- FERC Order received
-- FTA approval received
-- Non-FTA (expected in 2016)
-- Lump sum, turnkey EPC contract
- Bear Head LNG
-- Initial 10 construction permits received (Canadian FERC Order equivalent)
-- FTA and Non-FTA approval received
- Fisherman's Landing LNG
-- Environmental Authority received
-- Licences (PPL161 & PFL18) extended
-- Site agreement for lease extended
Three Path Execution Strategy
- Path 1 - Develop LNG projects using OSMR(R) Technology Solutions
- Path 2 - Use OSMR(R) Technology Solutions to gain entry into new and existing third-party projects
- Path 3 - License the OSMR(R) technology to third parties
2017 Aspirations
- Complete sales of all 8 mtpaat Magnolia LNG
- Progress Bear Head LNG as Plan B for stranded Canadian gas
- Develop additional business channels
- Continue low-cost management of Fisherman's Landing LNG
- Near-term cash development
- Further lower EPC cost to construct
- Increase external recognition of Liquefied Natural Gas Ltd.
Why Liquefied Natural Gas Ltd.
- Regulatory certainty matters
- Cost matters
- Reliability matters
- Efficiency matters
- Flexibility matters
- Environment matters
- Economics matter
- Time to market matters
To view the full presentation, please visit:
http://abnnewswire.net/lnk/418HP6VJ
About Liquefied Natural Gas Ltd:
Liquefied Natural Gas Ltd. (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 8 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 mtpa or greater LNG export terminal in Richmond County, Nova Scotia, Canada with potential for further expansion;
- Bear Paw Pipeline Corporation Inc. (Bear Paw), proposing to construct and operate a 62.5 km gas pipeline lateral to connect gas supply to Bear Head LNG;
- Gladstone LNG Pty Ltd, a subsidiary which plans to develop the 3.5 mtpa Fisherman's Landing LNG (FLLNG) project at the Port of Gladstone in Queensland, Australia; and
- LNG Technology Pty Ltd, a subsidiary which owns and develops the Company's OSMR(R) LNG liquefaction process, a mid-scale LNG business model that plans to deliver lower capital and operating costs, faster construction, and improved efficiency, relative to larger traditional LNG projects.
Contact:
Liquefied Natural Gas Ltd.
Mr. Greg Vesey Managing Director & CEO
LNG Limited
T: +1-713-815-6900
Mr. Mike Mott Chief Financial Officer
LNG Limited
T: +1-713-815-6900
E: LNG@LNGLimited.com.au
www.LNGLimited.com.au
