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BRIEF-Liquefied Natural Gas And Delta Offshore Energy Enters Alliance With Bac Lieu Provincial Government

Published 16/09/2019, 09:46 am
Updated 16/09/2019, 09:50 am
© Reuters.  BRIEF-Liquefied Natural Gas And Delta Offshore Energy Enters Alliance With Bac Lieu Provincial Government

Sept 16 (Reuters) - Liquefied Natural Gas Ltd LNG.AX :

* DELTA OFFSHORE ENERGY AND LIQUEFIED NATURAL GAS JOINTLY ANNOUNCE AN ALLIANCE WITH BAC LIEU PROVINCIAL GOVERNMENT IN VIETNAM

* INTEGRATED PROJECT IS EXPECTED TO COMMENCE OPERATIONS IN 2023 PENDING FINALIZATION OF ANTICIPATED GOVERNMENT APPROVALS.

* ALLIANCE WITH DELTA OFFSHORE TO DELIVER AN LNG-TO-POWER PROJECT FOR PROVINCE

* PROJECT INCLUDES CONSTRUCTION AND OPERATION OF AN LNG IMPORT TERMINAL AND DELIVERY OF POWER GENERATION TO BAC LIEU PROVINCE

* UNIT MAGNOLIA LNG SHALL DELIVER 2 MTPA OF LNG TO DELTAOE PURSUANT TO A SUPPLY AND PURCHASE AGREEMENT

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