LNGL hit with loss as Magnolia slows

WOULD-BE LNG developer Liquefied Natural Gas Ltd has posted almost a 200% blow out in its losses for the December half of 2015 to $80.18 million, as it struggles to finally get an LNG project out of the starting blocks after more than a decade of trying, and it has just lost its Bear Head team.

LNGL hit with loss as Magnolia slows LNGL hit with loss as Magnolia slows LNGL hit with loss as Magnolia slows LNGL hit with loss as Magnolia slows LNGL hit with loss as Magnolia slows

The company's financial loss stems from its attempts to develop its advanced Magnolia LNG concept in Louisiana, US, and its less advanced Bear Head project in Canada and Fisherman's Wharf in

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