Liquefied Natural Gas Limited (the "Company"), which listed on the Australian Stock Exchange in September 2004 (ASX Code LNG), brings a new concept to the international energy market.
It has been formed to act as an energy link between previously discovered but non commercial gas reserves and existing, and potential new, energy markets identified by the Company.
The gas will be shipped to these energy markets as liquefied natural gas (LNG). The energy link strategy is being implemented by a team of industry professionals with a proven track record in the development and operation of international energy projects.
In May 2006, Golar LNG Limited (www.golarlng.com) became the company’s largest corporate shareholder (16.0%). NASDAQ-listed Golar, is the world’s largest independent group dedicated to LNG shipping.
In December 2007, Arrow Energy Limited (www.arrowenergy.com.au) became the company’s second largest corporate shareholder and currently owns 9.7%. Arrow Energy is one of Australia's leading producers of coal seam gas with significant assets throughout eastern Australia and Asia.
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