Liquefied Natural Gas Ltd Stock Market Press Releases and Company Profile
US Patents Update
US Patents Update

Perth, Jan 16, 2015 AEST (ABN Newswire) - The Directors of Liquefied Natural Gas Limited ("Company") (googlechartASX:LNG) (googlechartLNGLY:OTCMKTS) are pleased to announce that the United States Patent and Trademark Office has allowed a patent application related to the Company's core LNG processing design.

The Company expects a granted Patent to be issued in several weeks to protect its primary invention being a Method and System for Production of Liquid Natural Gas ("OSMR(R) process") The Company's Managing Director and CEO, Mr Maurice Brand, said "We are very pleased that the Company's primary invention will be shortly further protected in the United States to support the Company's Magnolia LNG Project in Lake Charles, Louisiana, USA and other potential opportunities that have been identified in the USA."

The Company now has Patent protection in all three key markets within which it is currently planning to build, own and operate LNG projects, namely:

- Magnolia LNG Project in Lake Charles, Louisiana, USA (export of 8 mtpa);

- Bear Head LNG Project in Richmond County, Nova Scotia, Canada (export of 8 mtpa with potential for future expansion; and

- Australia (Gladstone Fisherman's Landing LNG Project in Queensland, Australia export of 3 mtpa with potential for future expansion).

Company Chief Technical Officer, Paul Bridgwood, the originator of the OSMFf (Optimized Single Mixed Refrigerant) natural gas liquefaction process, said that the OSMR(R) technology is based on a proven simple single mixed refrigerant system, with the addition of conventional combined heat and power recovery, coupled with ammonia refrigeration technology to significantly enhance the plant performance in terms of LNG output and overall plant efficiency.

Mr Brand confirmed that "the benefits of using the OSMR(R) technology combined with the Company's development and modular construction philosophy, result in an LNG plant cost substantially lower than that of competing technologies on the basis of capital cost per tonne per annum of capacity (S/tpa).

"In addition, based on an overall plant energy use efficiency, OSMR(R) can be up to 30% better than other technologies (i.e. 30% less carbon emissions) resulting in a material cost advantage."

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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Contact

Mr Paul Bridgwood
Chief Technical Officer
Telephone: + 61 8 9366 3700

Mr Maurice Brand
Managing Director/CEO
Telephone: + 61 8 9366 3700



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