LNG Ltd. Sees Project Approval in 2009
LNG Ltd. announced that its $500 million plant in Australia is set to get the go-ahead by the year-end after an investment by Golar LNG Ltd.
Maurice Brand, managing director of Perth-based LNG Ltd., said:
Golar, a Norwegian operator of LNG tankers, will take a 40 percent stake in the project in Queensland state and invest about $100 million of equity in the venture.
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Sun, Feb 22, 2009
Post by Melissa Pistilli, Gas Senior Reporter