LNGL exits Fisherman’s Landing

A schematic of the proposed Fisherman's Landing LNG Project.

A schematic of the proposed Fisherman's Landing LNG Project.

LNG Limited (LNGL) has sold its subsidiary, Gladstone LNG, completing its exit from the Fisherman’s Landing project in Gladstone, Queensland.

LNGL will receive $800,000 from the buyer, Queensland LNG Pty Ltd, and a reimbursement for security deposits posted by Gladstone LNG related to Fisherman’s Landing project licences.

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