LNG

Dec 1 (LNGJ) - Liquefied Natural Gas Ltd, the developer of the Magnolia LNG export plant in Louisiana, said the US Department of Energy has authorised the planned facility to export cargoes to countries with which the United States has not entered into a free trade agreement. “Our Magnolia project team is very pleased to have successfully received this final piece of the regulatory framework enabling our LNG project to export US-produced natural gas to the global energy market,” said LNG Ltd Chief Executive Greg Vesey.