Lngl

LNG Ltd. (LNGL), which is developing natural gas export terminals on the Gulf Coast and in Canada, is facing a cash crunch and warned Tuesday that it might not be in business much longer after a Singapore-based company backed out of a deal to acquire it.

LNG Ltd. (LNGL), which is developing natural gas export terminals on the Gulf Coast and in Canada, is facing a cash crunch and warned Tuesday that it might not be in business much longer after a Singapore-based company backed out of a deal to acquire it.

Australia-based LNG Ltd. (LNGL), which is developing export terminals for the Gulf Coast and Canada, said Friday that its takeover by a private company in Singapore is likely to take longer because of problems created by the coronavirus outbreak.

Australia-based LNG Ltd. (LNGL), which is developing export terminals for the Gulf Coast and Canada, said Friday that its takeover by a private company in Singapore is likely to take longer because of problems created by the coronavirus outbreak.

Nearly two years after the Magnolia natural gas export terminal in Lake Charles, LA, was expected to be sanctioned, the project developer has reached a proposed agreement to sell a quarter of its capacity to Singapore’s Delta Offshore Energy Pte Ltd.

Another wave of liquefied natural gas (LNG) supply is preparing to hit the open seas as developers of the Cameron LNG project on Monday asked federal regulators for authorization to place its first production unit and related facilities into service by Friday (July 26).

The U.S. Department of Energy (DOE) last week granted non-free trade agreement (FTA) liquefied natural gas (LNG) export authority for the Magnolia LNG project, which is planned for Lake Charles, LA.