Magnolia LNG signs contract to build Lake Charles project; FERC releases environmental review

摘要

On the same day that FERC released its final environmental review ofrnthe proposed Magnolia LNG Lake Charles liquefaction and exportrnproject, the company signed a contract to build the project.rnMagnolia LNG, a subsidiary of Australia’s Liquefied Natural GasrnLimited, on November 17 announced it had agreed to a $4.35 billionrnlump-sum turnkey engineering, procurement and construction (EPC)rncontract with a joint venture of KBR and South Korea-based SKrnEngineering & Construction.