Posted on Nov 26, 2013 in
LNG Exports,
Markets and Competition |
Comments Off on Magnolia LNG Signs Term Sheet with LNG Holdings Corp.
Magnolia LNG, L.L.C. (Magnolia) announced that it has signed a Tolling Term Sheet with LNG Holdings Corp. providing for negotiation of a proposed 20-year Tolling Agreement covering 1.7 million tonnes per year of LNG production from Magnolia’s proposed LNG export terminal at Lake Charles, La. Under the proposed Tolling Agreement, LNG Holdings will be responsible for delivery of gas to...