LNG

Dec 13 - Australian-listed Liquefied Natural Gas Ltd. said its 3 million tonnes per annum LNG project at Fisherman's Landing in the Port of Gladstone has had its lease on the land extended by another six months by Gladstone Ports Corp. LNG Ltd. said it was also continuing to progress all engineering, procurement and construction activities with China's HQC. "The company has taken the opportunity over the last six months to design the LNG Train such that it can be fabricated in China, in only five modules, and shipped to Gladstone. This will minimize site construction costs in Gladstone," LNG Ltd. said.