LNG Limited to Make FID for US Magnolia Project before This Year End

摘要

Australia-based Liquefied Natural Gas Limited (LNGL) plans to make a final investment for the Magnolia LNGproject in the US by the end of this year. As potential LNG offtakers take growing interest in tightening of supply-demandbalance expected in early 2020, LNGL predicts they will sign contracts with the project later this year to secure long-termstable procurement sources. The Company aims to realize the project by getting contracts with them.