Ann: Delta Offshore Receives Investment Registration Certificate, page-2

Questions for Greg :

1.Greg why dump one sales agreement (Meridian 2018) and then rave on about almost gaining a replacement for it ?.

2.Greg you said getting rid of Meridian allows you to free up desired capacity from Magnolia LNG for offtakers, Greg that was over a year ago when you made that brilliant ? decision, where are these offtakers ?




https://www.lnglimited.com.au/site/PDF/6218_1/LNGLimiteddoesnotextendMeridianAgreement

ASX/MEDIA RELEASE

21 December 2018

LNG LIMITED DOES NOT EXTEND MERIDIAN AGREEMENT


Liquefied Natural Gas Limited (ASX: LNG, OTC ADR: LNGLY) (LNGL or the Company) through its
100% owned project company, Magnolia LNG LLC (Magnolia), and Meridian LNG Holdings Corp
(Meridian LNG) have mutually agreed not to extend the deadline for satisfaction of the
conditions precedent to the Liquefaction Tolling Agreement beyond the current date of 31
December 2018.

Magnolia and Meridian LNG executed the agreement on 22 July 2015 and
entered into six extensions since then.


“LNG Limited is appreciative of the relationship we have enjoyed with Meridian LNG. However,
this decision allows us to free up desired capacity from Magnolia LNG for offtakers that are more
closely aligned with Magnolia’s development needs,” said Greg Vesey, Managing Director and
Chief Executive Officer, LNG Limited.


LNGL continues to vigorously market Magnolia globally as the Company moves toward a final
investment decision.

Greg Vesey
[email protected]

For further information, contact:
Mr. Micah Hirschfield Mr. Andrew Gould
Sr. Manager, Communications and Investor Relations Joint Company Secretary
Liquefied Natural Gas Limited Liquefied Natural Gas Limited
+1 713 815 6920 +61 (0)8 9366 3700
[email protected] [email protected]