Australia Markets open in 2 hrs 17 mins

Liquefied Natural Gas Ltd (ASX:LNG)(LNGLY) 2019 AGM Presentation

Perth, Australia, Nov 14, 2019 - (ABN Newswire) - Liquefied Natural Gas Ltd (ASX:LNG.AX - News) (HAM:LI5.HM - News) (OTCMKTS:LNGLY - News) 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 (expected final approval in early 2020)

- Updated lump sum, turnkey fully wrapped EPC contract pricing and scope

- Gained approval of Magnolia LNG's Louisiana Industrial Tax Program exemption

- Signed MOU for delivery of LNG to Vietnam

- Agreed MOU with key counterparties reducing labor relations risk at Bear Head LNG

- Initiated re domicile and U.S. listing process

To view the presentation, please visit:
https://abnnewswire.net/lnk/764U46Y1


About Liquefied Natural Gas Ltd:

Liquefied Natural Gas Limited (ASX:LNG.AX - News) (OTCMKTS:LNGLY - News) (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 eight 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 - 12 mtpa LNG export terminal in Richmond County, Nova Scotia, Canada with potential for further expansion;

- Bear Paw Pipeline Corporation Inc. (Bear Paw), which is proposing to construct and operate a 62.5 km gas pipeline lateral to connect gas supply to Bear Head LNG; and

- LNG Technology Pty Ltd, a subsidiary which owns and develops the Company's OSMR® LNG liquefaction process, a midscale LNG business model that plans to deliver lower capital and operating costs, faster construction, and improved efficiency, relative to larger traditional LNG projects.

Contact:

Mr. Micah Hirschfield
Sr. Manager, Communications and Investor Relations
Liquefied Natural Gas Limited
T: +1-713-815-6920
E: mhirschfield@lnglimited.com

Mr. Andrew Gould
Joint Company Secretary
Liquefied Natural Gas Limited
T: +61-8-9366-3700
E: AGould@lnglimited.com.au

Source:

Liquefied Natural Gas Ltd

Copyright (C) 2019 ABN Newswire. All rights reserved.