LNG

July 31 (LNG) - LNG Ltd., the developer of the Magnolia LNG project in Louisiana and the recently agreed buyer of the Bear Head venture firm in Canada, said in its latest earnings report that its stalled Australian project, Fisherman's Landing LNG, could still go ahead. The company said of the coal-seam-gas-to-LNG venture at the port of Gladstone in Queensland: "Although the project is effectively on a care and maintenance program, the company is continuing to work on securing adequate gas supply for the first LNG Train to produce 1.5 million tonnes per annum of LNG."