Australia’s Liquefied Natural Gas Ltd (LNG Ltd) has completed its exit from the Fisherman's Landing LNG project in Queensland.
The company announced it was leaving the project last year after years of trying to secure a long-term gas supply contract.LNG Ltd sold the project to LNG Queensland for US$800,000 plus US$4 million if the buyer reaches a financial close on an LNG project at the Fisherman’s Landing site.