Magnolia LNG Project Process and Progress with FERC
Perth, Nov 13, 2014 AEST (ABN Newswire) - Liquefied Natural Gas Limited (
ASX:LNG) (LNGLY:OTCMKTS) ("LNG" or the "Company") wishes to provide an update on the status of Environmental Information Requests from the Federal Environmental Regulatory Commission (FERC) in relation to the Company's wholly owned subsidiary, Magnolia LNG LLC (MLNG).
In response to two separate environmental information requests from FERC issued on 23 October 2014, MLNG and Kinder Morgan Louisiana Pipeline submitted their respective responses to FERC on Tuesday, 11 November 2014.
As noted in previous releases, these information requests are consistent with the normal process for applications filed under Sections 3 and 7 of the Natural Gas Act for LNG terminals and interstate pipelines in USA and allow FERC to clarify certain aspects of the filings to assist them to issue a combined Draft Environmental Impact Statement for the projects.
About Liquefied Natural Gas Ltd
Liquefied Natural Gas Limited (
ASX:LNG) (OTCMKTS:LNGLY) (LNGL) is an ASX listed company whose portfolio consists of 100% ownership of the following companies:
- Magnolia LNG, LLC (Magnolia LNG), a US-based subsidiary, which is developing an eight mtpa or greater LNG export terminal, in the Port of Lake Charles, Louisiana, USA;
- Bear Head LNG Corporation Inc. (Bear Head LNG), a Canadian-based subsidiary, which is developing an 8 – 12 mtpa LNG export terminal in Richmond County, Nova Scotia, Canada with potential for further expansion;
- Bear Paw Pipeline Corporation Inc. (Bear Paw), which is proposing to construct and operate a 62.5 km gas pipeline lateral to connect gas supply to Bear Head LNG; and
- LNG Technology Pty Ltd, a subsidiary which owns and develops the Company's OSMR® LNG liquefaction process, a midscale LNG business model that plans to deliver lower capital and operating costs, faster construction, and improved efficiency, relative to larger traditional LNG projects.
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