Liquefied Natural Gas Ltd (ASX:LNG)’s Shares Up In Australia Stock Exchange

AUSTRALIA – Shares of Liquefied Natural Gas Limited (ASX:LNG) traded higher at the Australia Stock Exchange on Friday, ending the trading day at AUD1.41 apiece.

Liquefied Natural Gas Limited is an Australian public company based in Perth, Western Australia. Its business is to bring a dynamic concept of mid-scale liquefied natural gas (“LNG”) projects to the international energy market.

On Friday’s trading, Liquefied Natural Gas Limited (ASX:LNG)’s stock was up 5.22 percent with a total of 3.63 million shares exchanging hands.

The stock opened at AUD1.35 and reached a day’s high of AUD1.43 and a low of AUD1.31. Liquefied Natural Gas Limited (ASX:LNG)’s stock has a 52-week high of AUD5.00 and low of AUD1.23. –

Liquefied Natural Gas Limited is an ASX listed company whose portfolio consists of 100% ownership of the following companies:

  • Magnolia LNG LLC (Magnolia LNG), a US‐based subsidiary, which is developing an 8 mtpa LNG export terminal, in the Port of Lake Charles, Louisiana, USA;
  • Bear Head LNG Corporation (Bear Head), a Canadian based subsidiary, which is developing an 8 mtpa LNG export terminal in Richmond County, Nova Scotia, Canada with potential for further expansion;
  • Gladstone LNG Pty Ltd, a subsidiary which is progressing the 3.8 mtpa Fisherman’s Landing LNG (FLLNG) Project at the Port of Gladstone in Queensland, Australia; and
  • LNG Technology Pty Ltd, a subsidiary which owns and develops the Company’s OSMR® LNG liquefaction process, a mid-scale LNG business model that plans to deliver lower capital and operating costs, faster construction, and improved efficiency, relative to larger traditional LNG project. – BusinessNewsAsia.com
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