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LNG Ltd. Sees Project Approval in 2009
February 22, 2009 @ 10:33 pm In Gas Company News
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.
For full story, click here [1]
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[1] here: http://www.bloomberg.com/apps/news?pid=20601081&sid=aznN05O.ujB8&refer=australia
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