re: Ann: Magnolia LNG Project Update - Progre... "The Company is on track to deliver to Gas Natural SDG SA (GNF) a draft legally binding Tolling Agreement in October 2013, under which MLNG will reserve for GNF firm LNG production capacity of up to 1.7 mtpa and interruptible capacity of up to 0.3 mtpa. The general terms and conditions will be similar to the Brightshore Tolling Agreement."
"Negotiations are well advanced with a number of other parties to secure tolling arrangements for the MLNG Project’s remaining 4 mtpa of LNG production capacity."
"MLNG will lodge, in October 2013, its application to export up to 8 mtpa of LNG to countries that do not have Free Trade Agreements with the US."
Ann: Magnolia LNG Project Update - Progress On Tr, page-3
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