Liquefied Natural Gas Ltd Stock Market Press Releases and Company Profile
Bear Head LNG Reaches Agreement to Purchase Additional Land
Bear Head LNG Reaches Agreement to Purchase Additional Land

Perth, Mar 29, 2016 AEST (ABN Newswire) - Liquefied Natural Gas Limited (googlechartASX:LNG) (googlechartLNGLY:OTCMKTS) announced that its 100% owned subsidiary, Bear Head LNG Corporation, Inc. (Bear Head LNG) today reached an agreement to purchase additional land from Nova Scotia Business Inc. (NSBI) to support expansion of its proposed liquefied natural gas (LNG) facility on the Strait of Canso in Richmond County, Nova Scotia.

"The acquisition of additional land is very important for our project. It enables us to increase the capacity of the LNG facility from a nominal eight million tonnes per annum (mtpa) up to 12 mtpa in 2024, as per our approval from the National Energy Board,'' said Maurice Brand, President of Bear Head LNG. "Over the past couple of years, Bear Head LNG has made significant progress on the project by obtaining regulatory certainty.

This agreement between Bear Head LNG and NSBI is important for future development and planning, thus facilitating economic growth and job creation in the Strait region."

Under the agreement reached with NSBI, Bear Head LNG will acquire an additional 72-acres of land directly adjacent to its existing 255-acre site on the Strait of Canso.

"We are pleased to work with Bear Head LNG, which is involved in a growing and vital LNG export sector in North America," said Warren Olsen, CAO, Richmond County Municipality.

"Bear Head LNG is committed to supporting the local economy in Nova Scotia that will provide substantial economic and social benefits for the community, First Nations, and Nova Scotia."

Bear Head LNG has approval from the US Department of Energy to export US-sourced natural gas to both nations that do (FTA) and nations that do not have free trade agreements (Non-FTA) with the US. Canada's National Energy Board has granted Bear Head LNG approval to export up to 12 million tonnes per annum of LNG. Further, Bear Head LNG has all the initial federal, provincial, and municipal regulatory approvals required to begin project construction.

In addition, Bear Head LNG has recently opened an office in Halifax. The company is continuing to expand its presence in Nova Scotia. Brand said opening an office in Halifax is another step in expanding its local presence and further demonstrates the company's commitment to advancing the Bear Head LNG project.

Project Director & Vice President of Engineering, Construction and Permitting Darshi Jain, Strategic & Regulatory Affairs Advisor Paul MacLean, and Chief Technology Officer for LNGL & Executive Responsible for Bear Head LNG, John Baguley.

About Bear Head LNG Corporation, Inc.

Bear Head LNG is wholly owned by Liquefied Natural Gas Limited. Bear Head LNG proposes to develop a liquefied natural gas export facility on the Strait of Canso, Nova Scotia, Canada.

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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

Investment Community:

Mr. Mike Mott
Chief Financial Officer
LNG Limited
T: +1-713-815-6909
www.lnglimited.com.au

Media:

Mr. Darshi Jain
Project Director
Bear Paw Pipeline Corporation
T: +1-902-403-7607 (N America)
T: +011-902-403-7607 (Int'l)
www.bearpawpipeline.com

LNG Ltd
T: +61-8-9366-3700
E: lng@lnglimited.com.au
www.lnglimited.com.au



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