Last week the company’s wholly-owned subsidiary Magnolia LNG executed an exclusive site access agreement with the Port of Lake Charles Harbour & Terminal District in Louisiana for some 90 acres of land where it is proposing to build a four million-tonne-per-annum LNG facility, with the potential to expand to 8 mtpa at a later date.
The project site has direct access to the Calcasieu Channel and an industrial canal where ships already supply LNG to the existing Trunkline LNG terminal.
LNG
