LNGL receives extension of LNG project site option

Liquefied Natural Gas Ltd.

Liquefied Natural Gas Ltd. (ASX: LNG; OTC ADR: LNGLY) advises that the Gladstone Ports Corp. Ltd. has granted a three-month extension to the site agreement to lease at LNGL’s Fisherman’s Landing LNG project on the mainland at Gladstone Queensland, Australia, from June 30 to Sept. 30.

The extension follows a company submission on the status of gas supply for the first LNG train that will produce a guaranteed 1.5 million tonnes per annum (Mtpa) of LNG and a nameplate capacity of 1.9 Mtpa.

 

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