Louisiana LNG Project Sold to British Company in Multimillion-dollar Deal
Transaction Type
Sellers
Buyers
Basin
Gulf Coast
Announce Date
Post Date
Close Date
Estimated Price
$2.2MM
Description
To purchase the Magnolia LNG project, a Gulf Coast export terminal being developed in Lake Charles, LA; includes transfer of 16 employees, patents and project debt.
Editor's note: This agreement was terminated on May 25, 2020.