Liquefied Natural Gas Ltd (LNG Ltd) has provided an update on the status of Information Requests from the US Federal Energy Regulatory Commission (FERC) in relation to its wholly owned subsidiary, Magnolia LNG LLC.
LNG Ltd has submitted on the requested date its full and complete response to the FERC Engineering Data information request.
The Engineering Data Information response represents a major step in the FERC Filing process, and is usually one of the final information requests sought by FERC before the issue of a Notice of Schedule and DEIS.
LNG Ltd Managing Director and CEO, Maurice Brand, said: "The FERC process continues to run in parallel with the company moving towards a bankable EPC contract and long term Tolling Agreements. Magnolia LNG is now well placed to achieve its primary goal to achieve Financial Close in mid-2015 and first LNG in 2018."
Adapted from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquefaction/02012015/update-magnolia-lng-information-requests-003/