LNG liquefied natural gas limited

lng snapshot, page-3

  1. 34,472 Posts.
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    Based on the company announcement on 24/10/2013:
    "Stonepeak and the Company signed an equity funding and strategic alliance term sheet on 26 July 2013, the key terms of which are incorporated in the Equity Commitment Agreement. Based on the Project’s current financial model, Stonepeak’s US$660 million equity investment will provide it with an approximate 50% equity interest in the Project, with the Company retaining around a 50% equity interest."

    I read that Stonepeak will contribute US660m for the exchange of around 50% equity interest in the Mgnolia LNG Project which has a 8 Mtpa export capacity.
 
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Currently unlisted public company.

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