LNG

Liquefied Natural Gas Ltd., a company listed on the Australian stock exchange since September 14, has given an upbeat assessment of its progress as the fifth developer of a coal-seam-gas-to-LNG project in partnership with a subsidiary of China National Petroleum Corp.

LNG Ltd earlier this year carried out a $20 million share transaction to bring CNPC unit China Huanqiu Contracting & Engineering Corp. (HQCEC) into the company to develop the CSG-to-LNG venture at Fisherman’s Landing near the port of Gladstone.

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