Liquefied Natural Gas Ltd Stock Market Press Releases and Company Profile
MLNG - FERC Notice of Schedule For Environ. Review Received
MLNG - FERC Notice of Schedule For Environ. Review Received

Perth, May 1, 2015 AEST (ABN Newswire) - The Directors of Liquefied Natural Gas Limited (googlechartASX:LNG) (googlechartLNGLY:OTCMKTS) are pleased to advise that the United States Federal Energy Regulatory Commission (FERC) has issued the Notice of Schedule for Environmental Review (SER) for the Company's Magnolia LNG Project, setting November 16, 2015 as the anticipated date for issuance of the project's final environmental impact statement (FEIS).

The SER is a critical milestone for the Magnolia LNG project. In addition to establishing the FEIS issuance date, it also establishes a 90-day post-FEIS decision deadline for all agencies responsible for issuing related federal authorizations including FERC. The timeline for publishing the FEIS includes completion and issuance of the draft environmental impact statement (DEIS) and receipt, review, and incorporation of comments by government agencies, non-governmental organizations, and private citizens into the FEIS, as appropriate.

Issuance of the SER also signals that although FERC may solicit additional information from a project applicant during the period of time between the DEIS and the FEIS, FERC staff has the information necessary on the critical elements of the Magnolia LNG project for it to complete and issue the DEIS.

The Company's Managing Director, Mr. Maurice Brand said, "We are very pleased with our progress on the FERC regulatory aspects of the project. We appreciate the efforts of FERC and other agencies to process our application and remain confident that the Magnolia LNG project will meet or exceed all of the environmental and safety elements of the multi-agency review.

We look forward to receiving our DEIS and continuing toward FERC's final order authorizing the Magnolia LNG project."

Please visit the link below to view the announcement posted by FERC on 30 April 2015.
http://media.abnnewswire.net/media/en/docs/ASX-LNG-718258.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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Contact

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



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