June 30 (LNGJ) - LNG Ltd., the Australian developer of the Magnolia project in the US state of Louisiana, is keeping alive its Fisherman's Landing LNG project in the port of Gladstone in Queensland, Australia. Gladstone Ports Corp. has granted a three-month extension to the site option agreement, the company said. LNG Ltd. Managing Director Maurice Brand said that he anticipated being able to provide further information on feed-gas supply during the third quarter of 2014. "Whilst the project has been on hold since March 2010, all approvals are in place to recommence construction once gas has been secured and banking agreements re‐established," he stated.
CSG-to-LNG project still alive
Written by John McKay
Monday, 30 June 2014
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