Liquefied Natural Gas Limited refer to the previous announcement dated 12 May 2020 in which the company disclosed that it had entered into a binding sale transaction with Global Energy Megatrend Limited (GEM) in respect of its interest in subsidiary entities that own the proposed LNG terminal development in Lake Charles, Louisiana, US (Magnolia LNG Project), including Pecan Inc. (and its subsidiaries), LNG Management Services, LLC and LNG Technology, LLC (together, the US Entities) (the GEM Transaction).
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