LNG, CNPC deal going ahead

LIQUEFIED Natural Gas Limited has put pen to paper on a definitive share placement agreement with China Huanqiu Contracting and Engineering with the proceeds to go toward the development of LNG Ltd's Fisherman's Landing LNG project.

LNG, CNPC deal going ahead LNG, CNPC deal going ahead LNG, CNPC deal going ahead LNG, CNPC deal going ahead LNG, CNPC deal going ahead

HQCEC will subscribe to more than 53 million of LNG Ltd's shares, giving it about a 19.9% stake in the company, raising about $26 million.

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