Presentation on Flagship Magnolia LNG Project in USA
Perth, Mar 18, 2014 AEST (ABN Newswire) - LNG Limited (ASX:LNG) (LNGLY:OTCMKTS) is a Liquefied Natural Gas ("LNG") developer with a focus on developing LNG projects utilising its wholly-owned OSMR(TM) LNG technology, provides the company's latest presentations on the Magnolia LNG Project in Louisiana USA.
Robust Financial Returns
Key financial model assumptions for base case:
- 2 x 2.0 mtpa LNG Trains
- 4.0 mtpa nameplate LNG production capacity
- 3.4 mtpa guaranteed LNG sales capacity
- Total development costs of US$30 million July 2012 - June 2015 ( Financial Close)
- Capital costs of $US2.2 billion
- EBITDA: US$380 million per annum for 20 years on 100% LNGL ownership
To view the company presentation, please visit:
http://media.abnnewswire.net/media/en/docs/76766-ASX-LNG-671305.pdf
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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