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Liquefied Natural Gas Ltd
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April 2015 Shareholder Presentation
| Maurice Brand | Page 28 of 11 |
November 21, 2024
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"April 2015 Shareholder Presentation"
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Fisherman’s Landing LNG Project at Gladstone, Queensland, Australia Gas Supply • Major focus remains to secure adequate gas supply for the first LNG train involving a minimum LNG production of 1.5 mtpa per train • Non-binding memorandum of intent (MOI) for gas supply with Tri-Star Petroleum Company • On-going discussions with PetroChina Australia regarding their LOI to help secure gas supply, and third parties regarding gas sale agreements and tolling agreements Site Agreement for Lease • Gladstone Ports Corporation extended LNGL’s Site Agreement for Lease at Fisherman’s Landing to 31 March 2016 for a payment of A$1 million Government Approvals • The Queensland Government’s Department of Natural Resources and Mines (DNRM) approved extension of the dates for completion of construction (associated with the LNG Facility) for the Petroleum Facility Licence (PFL) 18 and the Petroleum Pipeline Licence (PPL) 161 to 31 December 2017 LNG Limited continues to pursue the Fisherman’s Landing LNG Project opportunity at minimal cost