Singapore’s LNG9 Offers Acquisition of Australia’s LNGL

摘要

It was revealed that a Singapore-based company LNG9 made a takeover offer of Australia’s Liquefied Natural gas Limited (LNGL). It offered an estimated A$114, and LNGL will accept the offer unless there are offers from other companies. The Australian company, which is operating the Magnolia LNG production project in the US, is facing financial difficulties.