Liquefied Natural Gas Ltd. provides the Company's 2018 Annual Report. Chairman's Letter We are pleased to report to our shareholders that liquefied natural gas demand is in a period of rapid expansion. Strong global economies coupled with demand for cleaner fuels is driving this growth. For LNG suppliers, the 2017/18 winter market ended on a high basis, with Asian LNG prices close to $US10 per million BTU. These higher [...]
Liquefied Natural Gas Ltd. , through its 100% owned project company, Magnolia LNG, LLC and Meridian LNG Holdings Corporation have agreed to extend the financial close date of their legally binding offtake agreement to 31 December 2018. This three-month extension continues to allow both parties to maintain commercial flexibility. All other provisions of the governing agreements not specifically amended by this extension [...]
Liquefied Natural Gas Ltd. provides the Company's Annual Report for the year ended June 30, 2018. CHAIRMAN'S LETTER To my fellow shareholders, We are pleased to report to our shareholders that liquefied natural gas demand is in a period of rapid expansion. Strong global economies coupled with demand for cleaner fuels is driving this growth. For LNG suppliers, the 2017/18 winter market ended on a high basis, with Asian LNG [...]
Liquefied Natural Gas Ltd. provides the Company's Preliminary Financial Report. Company Overview and Review of Operations Liquefied Natural Gas Ltd.'s corporate offices are based in Perth, Western Australia, with offices in Houston, Texas; Lake Charles, Louisiana; and Halifax, Nova Scotia. The Company is developing LNG export terminal projects in the United States and in Canada having combined aggregate design production [...]
Liquefied Natural Gas provides the Company's Quarterly Highlights and Appendix 4C. A Message from the Managing Director and Chief Executive Officer The fourth quarter of Liquefied Natural Gas's fiscal year was very dynamic as we continued to progress our negotiations with a number of potential offtakers, monitored new and changing trade issues, and secured a major new investor. We are very excited to welcome IDG to LNGL's [...]
Liquefied Natural Gas through its 100% owned project company, Magnolia LNG, LLC and Meridian LNG Holdings Corporation have agreed to extend the financial close date of their legally binding offtake agreement to 30 September 2018. This three-month extension continues to allow both parties to maintain commercial flexibility. All other provisions of the governing agreements not specifically amended by this extension remain [...]
Liquefied Natural Gas has extended the validity period of its current binding engineering, procurement, and construction contract with KSJV for its 100% owned subsidiary, Magnolia LNG. The binding lump sum turnkey EPC US$4.354 billion contract is now valid through December 31, 2018. 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 based on [...]
Liquefied Natural Gas is pleased to advise that the share placement announced on 4 June 2018 has now closed and the Company has received A$28.2 million before costs from the placement of 56,444,500 ordinary shares to a wholly owned subsidiary of IDG Energy Investment Group Limited. Net proceeds from the share placement shall be used in support of ongoing liquefied natural gas offtake marketing efforts, focused on Magnolia [...]
Liquefied Natural Gas, is pleased to announce that it has entered into a binding subscription agreement for a Share Placement of fully paid ordinary shares in the capital of LNGL through an investment made by IDG Energy Investment Group, an investment holding company listed on the Stock Exchange of Hong Kong and affiliated with IDG Capital. The Share Placement will be undertaken pursuant to the Company's capacity under [...]
Liquefied Natural provides the presentation to the Canada Gas and LNG Conference in Vancouver, presented by Greg Vesey, Managing Director, LNG Limited and President, Bear Head LNG - May 2018 LNGL is an Australian public company - Developer of mid-scale LNG export terminals - Projects are indirect wholly owned subsidiaries To view the presentation, please visit: http://abnnewswire.net/lnk/4YP0QV3Y About Liquefied Natural [...]
Liquefied Natural Gas provides the Company's Quarterly Highlights and Appendix 4C. A Message from the Managing Director and Chief Executive Officer Though discussions and negotiations related to offtake remain confidential, we believe the progress we made toward selling LNG capacity at Magnolia LNG during the third quarter of Liquefied Natural Gas Ltd.'s fiscal year will prove to be extremely valuable toward finalizing [...]
Liquefied Natural Gas refers to its announcement dated 17 April 2018 and confirms that the buyer of the Company's wholly-owned subsidiary, Gladstone LNG Pty Ltd, is LNG Queensland Pty Ltd. Liquefied Natural Gas is an ASX listed company whose portfolio consists of 100% ownership of the following companies: Magnolia LNG which is developing an eight mtpa or greater LNG export terminal, in the Port of Lake Charles, Louisiana [...]