Sydney, Australia (ABN Newswire) - Liquefied Natural Gas Limited (ASX:LNG) (OTCMKTS:LNGLY) (LNGL or the Company) is pleased to advise that its wholly owned subsidiary, Magnolia LNG LLC (MLNG), has executed a Gas Pipeline Interconnect Agreement (PIA) with Kinder Morgan Louisiana Pipeline LLC, (KMLP) that sets out the technical scope and specifications for gas supply to the Magnolia LNG Plant. The PIA defines each parties' obligations in relation to the design, procurement, construction, installation, operations, maintenance and ownership of the facilities.

LNGL Managing Director and Chief Executive Officer, Maurice Brand, said that "the Kinder Morgan Louisiana Pipeline is an existing interstate gas pipeline system that traverses the Magnolia LNG Plant site. Magnolia has already entered into a legally binding agreement with KMLP to access 1.4 bcf/day of capacity over a 20-year term. This capacity is sufficient for Magnolia LNG to produce its full 8 mtpa design capacity."

About Kinder Morgan, Inc (NYSE:KMI)

Kinder Morgan is the largest midstream and the fourth largest energy company (based on combined enterprise value) in North America, with an enterprise value of more than US$125 billion. The Company has an interest in or operates approximately 80,000 miles of pipeline and 180 terminals. Their pipelines transport natural gas, refined petroleum products, crude oil, carbon dioxide (C02) and more. The Company also stores or handles a variety of products and materials at their terminals such as gasoline, jet fuel, ethanol, coal, petroleum coke and steel.

or further information about Kinder Morgan, please refer to their website:
http://www.kindermorgan.com

To view photographs, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-LNG-707414.pdf



About Liquefied Natural Gas Limited:

Limited Natural Gas Limited is an ASX listed company (Code: LNG and OTC ADR: LNGLY) whose portfolio consists of 100% ownership of the following companies:

- Magnolia LNG LLC (Magnolia LNG), a US-based wholly owned subsidiary of LNGL, which is developing an 8 million tonne per annum (mtpa) LNG export terminal, in the Port of Lake Charles, Louisiana, USA;

- Bear Head LNG Corporation (Bear Head), a Canadian based wholly owned subsidiary of LNGL, which is developing an 8 mtpa LNG export terminal in Richmond County, Nova Scotia, Canada with potential for further expansion;

- Gladstone LNG Pty Ltd, a wholly owned subsidiary, which is progressing the 3.8 mtpa Fisherman's Landing LNG (FLLNG) Project at the Port of Gladstone in Queensland, Australia;

- LNG Technology Pty Ltd, a wholly owned subsidiary, which owns and develops the Company's OSMR(R) LNG liquefaction process, a mid-scale LNG business model that plans to deliver lower capital operating costs, faster construction and improved efficiency, relative to larger traditional LNG projects.



Source:

Liquefied Natural Gas Limited



Contact:

Liquefied Natural Gas Limited
T: +618-9366-3700
F: +618-9366-3799
WWW: www.lnglimited.com.au