July 20 (Reuters) - Liquefied Natural Gas Ltd LNG.AX :
* LNGL modifies staffing levels to reduce and streamline LNG.AX
* Announced staff reductions
* Affected employees will receive payments consistent with individual employment agreements, payments aggregate about A$2 million
* Changes reflect a combination of redundancy and restructuring measures
* Affected individuals continue to hold 1.6 million performance rights pursuant to terms of company's incentive rights plan
* Change leads to reduction of three employees and one consultant in Australia, one Indonesia-based employee, and six U.S.-based employees
* Source text for Eikon ID:nASX3HbLKf