MARKETS

LNGL's $2B win

LIQUEFIED Natural Gas Limited has secured a renewed commitment from financial backer Stonepeak Partners for $US1.5 billion ($A1.98 billion), updating an agreement first signed four years ago.

Magnolia LNG site.

Magnolia LNG site.

The commitment is expected to cover the full equity requirement for LNGL's Magnolia LNG project at Lakes Charles in Louisiana.   "Stonepeak is a long-term and valued partner in our project, and we...

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