LNG exits Fisherman’s Landing Project
Liquefied Natural Gas Limited executed a Share Sale Agreement (the Agreement) with a third-party (the Buyer) for the acquisition of all the shares of LNGL’s wholly-owned subsidiary, Gladstone LNG Pty Ltd (Gladstone LNG). In return, LNGL received US$800,000, previously held in a trust account under a previously disclosed Licence Transfer Agreement, and a reimbursement for security deposits posted by Gladstone LNG related to the Fisherman’s Landing project licences.
DOE Nod for Magnolia LNG Non-FTA Exports
Liquefied Natural Gas Limited have informed that the US Department of Energy (DOE) has announced today its decision granting LNGL’s Magnolia LNG Project authorization to export liquefied natural gas from the proposed facility in Lake Charles, Louisiana, USA to countries with which the United States has not entered into a free trade agreement (non-FTA approval). Greg Vesey, LNGL Managing Director and CEO, advised, “Our…
Bear Paw to Construct Point Tupper Pipeline
Bear Paw Pipeline Corporation Inc. (Bear Paw), an indirect wholly-owned subsidiary of Liquefied Natural Gas Limited (LNGL), has received Nova Scotia Utility and Review Board approval to construct a 62.5 km natural gas pipeline from Goldboro to the proposed Bear Head LNG liquefied natural gas (LNG) export facility in Point Tupper, Richmond County, Nova Scotia. “Bear Paw’s pipeline is integral to the development of Bear Head LNG,” said Greg Vesey, Managing Director and CEO of LNGL and President of Bear Paw.
LNGL's Founder Steps Down
The Board of Directors of Liquefied Natural Gas Limited (ASX: LNG, OTC ADR: LNGLY) (LNGL or the Company) today announced that Mr Maurice Brand will step down as an Executive Director with the Company effective 1 August 2016. Mr Brand is the founder and former Managing Director and Chief Executive Officer of Liquefied Natural Gas Limited, which listed on the ASX in September 2004. Through his direction and leadership,…
LNGL Modifies Staffing levels
Liquefied Natural Gas Limited announced staff reductions resulting in a more streamlined organisation having a lower, more sustainable fixed cost base. These changes reflect a combination of redundancy and restructuring measures while keeping a strong focus on marketing of liquefaction capacity in our projects. The change leads to a reduction of three employees and one consultant in Australia, one Indonesia-based employee, and six U.S.-based employees.
Bear Head LNG GHG Management Plan Approved
Bear Head LNG Corporation Inc. (Bear Head LNG) received Nova Scotia Environment’s (NSE) approval for its Greenhouse Gas (GHG) Management Plan for its liquefied natural gas (LNG) facility on the Strait of Canso in Richmond County, Nova Scotia. The GHG Management Plan provides Bear Head LNG’s strategy for managing GHG emissions through technology selection, design of the facility, and operations. “Approval of Bear Head LNG’s GHG Management Plan is welcome news…
Bear Head Secures Governor in Council Approval
Bear Head LNG Corporation, Inc. (Bear Head LNG) received Governor in Council approval for a licence to import natural gas from the United States and a licence to export liquefied natural gas (LNG) from Bear Head LNG’s project site on the Strait of Canso in Richmond County, Nova Scotia. The National Energy Board’s approval to import and export natural gas was previously issued in August 2015, but was subject to the approval of the Governor in Council.
Magnolia LNG Secures FERC Order
Liquefied Natural Gas Limited have stated that its wholly owned subsidiary, Magnolia LNG, LLC (Magnolia LNG), received the Federal Energy Regulatory Commission (FERC) authorization (FERC Order) to site, construct, and operate facilities to liquefy and export domestically produced natural gas from its liquefied natural gas (LNG) terminal in the Lake Charles District, State of Louisiana, USA. In addition, the Louisiana Department of Environmental Quality (LDEQ) approved the air permit for the Magnolia LNG.
LNGL Registers Bear Paw Assessment
Bear Paw Pipeline Corporation Inc. (Bear Paw), an indirect wholly owned subsidiary of Liquefied Natural Gas Limited (LNGL), has today registered its Environmental Assessment (EA) with Nova Scotia Environment. Bear Paw is proposing to construct and operate a 62.5 km natural gas pipeline from Goldboro to the proposed Bear Head LNG liquefied natural gas (LNG) export facility in Point Tupper, Richmond County, Nova Scotia.
Additional Land for Bear Head LNG
Liquefied Natural Gas Limited announced that its 100% owned subsidiary, Bear Head LNG Corporation, Inc. (Bear Head LNG) today reached an agreement to purchase additional land from Nova Scotia Business Inc. (NSBI) to support expansion of its proposed liquefied natural gas (LNG) facility on the Strait of Canso in Richmond County, Nova Scotia. “The acquisition of additional land is very important for our project. It enables…
LNGL Extends Fisherman's Landing Project Lease
March 2018 has been secured, subject to the provision of appropriate evidence demonstrating to GPC that the FLLNG Project remains a positive investment intention. The extension consideration reflects the existing option provision within the GPC Site Agreement for Lease. There were no other changes to the Site Agreement for Lease originally signed on 4 May 2010. Department of Natural Resources and Mines date…
Moeller Joins LNGL Board
Liquefied Natural Gas Limited appointed Philip D Moeller as a Non‐Executive Director of LNGL with effect from 7 December 2015. Philip is the Company’s third US‐based Non‐Executive Director following the appointments of Paul Cavicchi in October 2014 and Mike Steuert in February 2015. Former Commissioner Philip Moeller left the Federal Energy Regulatory Commission (FERC) in October 2015 as the second‐longest serving member in the history of FERC. by both President George W. Bush and President Barack Obama.
LNG Ltd Appoints Chief Development & CTO
Liquefied Natural Gas Limited has announced the appointment of Anthony Gelotti as Chief Development Officer based in Houston, Texas, USA. John Baguley, Chief Operating Officer for Magnolia LNG will assume the additional responsibilities of LNGL Chief Technical Officer. Dr Nimalan Gnanendran has been promoted to the position of LNGL Technology Manager. The above appointments are effective December 1, 2015. Gelotti’s responsibilities will include assisting in the close‐out of the full production capacity of Magnolia LNG…
Magnolia LNG Executes EPC Contract with KBR-SK JV
Liquefied Natural Gas Limited advised that its wholly owned subsidiary, Magnolia LNG LLC (Magnolia), has agreed a legally binding lump sum turnkey (LSTK) engineering, procurement and construction contract (EPC Contract) with the KBR‐SKE&C joint venture (KSJV) in relation to the Magnolia LNG project (MLNG). The EPC Contract covers the engineering, procurement and construction of four LNG production trains with design capacity of 2 mtpa or greater each…
Magnolia LNG Receives Final FEIS
Liquefied Natural Gas Limited and Magnolia LNG LLC (Magnolia) announced that the United States Federal Energy Regulatory Commission (FERC) issued the Final Environmental Impact Statement (FEIS) for the Magnolia LNG (MLNG) project in Lake Charles, Louisiana, and the associated Kinder Morgan Louisiana Pipeline (KMLP) Lake Charles Expansion Project on 13 November 2015. Issuance of the FEIS represents the culmination of FERC Staff’s environmental and safety review of the proposed MLNG and KMLP projects.
LNGL Forms Alliances with Siemens, EthosEnergy
Liquefied Natural Gas Limited (LNGL) announced that it is entering into two additional key supplier alliance agreements (SAA) with Siemens Energy Inc. (Siemens) and EthosEnergy Group (EthosEnergy), respectively. These agreements call for LNGL to work collaboratively with both Siemens and EthosEnergy on current and future Company projects. The use of global alliance agreements with key suppliers is central to LNGL’s strategy to produce standardized, repeatable designs and processes across all its projects and operations.
LNG Inks Global Alliance Pact with Siemens, EthosEnergy
Liquefied Natural Gas Limited is entering into two additional key supplier alliance agreements (SAA) with Siemens Energy Inc. and EthosEnergy Group, respectively. These agreements call for LNGL to work collaboratively with both Siemens and EthosEnergy on current and future Company projects. The use of global alliance agreements with key suppliers is central to LNGL’s strategy to produce standardized, repeatable designs and processes across all its projects and operations.
Doris Joins LNG Ltd
Liquefied Natural Gas Limited has appointed Ms Kinga Doris as General Counsel and Joint Company Secretary. Ms Doris will take up her appointment in early September 2015, based in Houston, Texas, USA. Ms Doris will be responsible for all statutory, securities, regulatory and other legal activities of the LNGL group as well as management of outside legal counsel across all operations and global project activities. In this capacity…
LNG in Global Alliance With Chart Industries
Liquefied Natural Gas Limited is entering into a supplier alliance agreement (SAA) with Chart Industries, Inc. (Chart) through Chart’s wholly owned subsidiary, Chart Energy & Chemicals, Inc. The SAA provides for the design and manufacture of brazed aluminium heat exchangers (BAHX) and LNG liquefaction cold boxes used in the OSMR LNG liquefaction design. The global alliance agreement will call for Chart and LNGL to work collaboratively together on both current and future Company projects.
Bear Head LNG Gets NEB Nod to Export
The Directors of Liquefied Natural Gas Limited have stated that Canada's National Energy Board (NEB) has granted Bear Head LNG Corporation and Bear Head LNG (USA), LLC (collectively, Bear Head LNG) authorization to export liquefied natural gas (LNG) from Bear Head LNG's project site on the Strait of Canso in Nova Scotia. The NEB licencing decision approves Bear Head LNG's application for authority to export up to 8 million…
