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Facing Cash Crunch, LNG Developer Sells Interest in Magnolia Export Project

Facing Cash Crunch, LNG Developer Sells Interest in Magnolia Export Project

LNG Ltd. (LNGL) said Tuesday it plans to sell its interest in a proposed liquefied natural gas (LNG) export project in Lake Charles, LA, to Global Energy Megatrend Ltd. for $2.25 million.

May 12, 2020