Liquefied Natural Gas Ltd Stock Market Press Releases and Company Profile
Plans Dual Listing in USA
Plans Dual Listing in USA

Brisbane, Mar 4, 2015 AEST (ABN Newswire) - Liquefied Natural Gas Limited (googlechartASX:LNG) (googlechartLNGLY:OTCMKTS) (LNGL or the Company) is pleased to announce that the LNGL Board has reviewed options submitted by five investment banks and advises that LNGL will likely list on an appropriate US exchange near the time of commencement of full construction of the Magnolia LNG project, resulting in a dual listing with its existing shares on the ASX. The Company's American Depositary Receipts (ADRs) are already traded on the OTC International platform in the United States (US) under the symbol LNGLY, and a dual listing is the logical next step.

At this stage the Board has made no decisions as to the exact timing of the US listing, nor the size or format of any capital raising to be undertaken in connection with the US listing.

Following the dual listing, the Company will consider further options to unlock value for all LNGL shareholders at the North American asset or project level.

The Board will provide further details about that process in due course.

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

Liquefied Natural Gas Limited
T: +618-9366-3700
F: +618-9366-3799
WWW: www.lnglimited.com.au



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