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 November 18, 2015 - 10:15 PM EST
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Liquefied Natural Gas Ltd (LNGLY) AGM Presentation

Perth, Australia (ABN Newswire) - Liquefied Natural Gas Ltd (ASX:LNG) (OTCMKTS:LNGLY) announce the AGM Presentation with recent milestones validating our strategy.

EPC Contract

- Signed lump-sum turnkey contract

- Per tonne cost is lowest in industry

- KSJV guaranteeing production at 7.6 mtpa, a 12% increase over previous guidance

- Utilises patented OSMR® technology

- LNG plant fuel gas consumption of 8%

- KBR leads KSJV and is an industry leader in global LNG, ammonia, and plant modularization

Final Environmental Impact Statement

- FEIS issued by FERC for Magnolia LNG

- FERC conducted comprehensive environmental and safety review

- Conclusion:

o Construction would result in limited adverse environmental impacts

o These impacts would be reduced to less-than significant with recommended mitigations and measures

- Notice to Proceed within 90-days

To view the AGM Presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-LNG-742969.pdf



About Liquefied Natural Gas Ltd:

Limited Natural Gas Limited (LNGL) (ASX:LNG) (OTCMKTS:LNGLY) is an ASX listed company focused on development of mid-scale LNG plants. LNGL's business strategy aims to deliver lower capital and operating costs, faster construction timelines and improved efficiency, relative to larger traditional LNG projects. LNGL's portfolio includes 100% ownership in Magnolia LNG LLC, Bear Head LNG Corporation, Gladstone LNG Pty Ltd, and LNG Technology Pty Ltd, which owns and develops the OSMR(R) LNG liquefaction process.



Source:

Liquefied Natural Gas Ltd



Contact:

Liquefied Natural Gas Ltd
T: +61 8 9366 3700
WWW: www.lnglimited.com.au

 

Source: ABN/Asia Business Newswire (November 18, 2015 - 10:15 PM EST)

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