AUSTRALIA

LNGL responds to speculation

WHILE LNG Limited recently passed the $1 billion market cap milestone, its managing director Maurice Brand has downplayed press speculation of it reviving a possible deal with PetroChina over its shelved Fishermans Landing project in Queensland.

LNGL responds to speculation

Noting that this project was on hold since it lost a supply agreement with Arrow Energy (50:50 PetroChina and Royal Dutch Shell) in 2010, the Financial Review Sunday program and associated newspaper recently...

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