LNG 0.00% 4.3¢ liquefied natural gas limited

Ann: Magnolia LNG Secures $1.5 Billion Commitment from Stonepeak, page-12

  1. 5,791 Posts.
    lightbulb Created with Sketch. 3677
    When I spoke with Greg recently in Melbourne, one of my biggest concerns was how committed Stonepeak was to LNG. He assured me they were 100% committed, which I relayed to Hotcopper at the time.
    Given that Stonepeak is a massive partner to the success of LNG going forward, I walked away from that meeting with renewed confidence. The fact that it has now been made public, will now take away a lot of the uncertainty that has been hanging over shareholders heads.
    The one thing that was missing from this announcement however was the mention of the 66 million that Stonepeak was going to pay LNG on reaching FID. Has this figure changed or has it increased. I will endeavour to find out .

    LNG shareholders have been waiting for quite some time to get reassuring news with substance. Today we have been gifted with some wonderful news . It will also add strength to future discussions with possible BTA partners. It's a BIG WIN to help advance our projects.
 
watchlist Created with Sketch. Add LNG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.