Under
the
agreement
with
the
Gladstone
Ports
Corporation,
LNG
Limited
subsidiary,
Gladstone
LNG,
will
need
to
meet
certain
conditions
by
31
December,
including
the
obtaining
gas
supply
for
the
planned
3
million
tonne
per
annum
LNG
project.
The
company
will
then
have
a
further
six
months
to
satisfy
the
remaining
conditions
which
primarily
relate
to
the
obtaining
the
necessary
approvals
to
begin
construction
on
the
project.
The
lease
extension
comes
following
China
National
Petroleum
Corporation
(CNPC)
subsidiary,
China
Huanqiu
Contracting
&
Engineering
Corporation
(HQCEC),
agreeing
to
buy
a
19.9%
stake
in
LNG…
