New Buyer for Magnolia LNG Project Emerges

摘要

A new buyer for the Magnolia LNG project that Australia’s Liquefied Natural Gas Limited (LNGL) is advancing emerged. LNGL, which is now under voluntary administration due to financial difficulties and is reviewing and looking to sell its assets, closed on 26th a deal with Magnolia LNG Holdings (Magnolia LNG). Magnolia LNG will work together on a potential recapitalization proposal for LNGL under the deal.