19 April 2024
Magnolia LNG signs MoU with EPC contractors
Publication date: 20 January 2015
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
Twitter @GasStrategies
Editorials
Subscriptions
Magnolia LNG has signed a memorandum of understanding (MoU) to divide stakes in a construction firm that would build the proposed 8-mtpa Lake Charles terminal in southern Louisiana. Under the tentative agreement, Texas-based KBR will take a 70% stake in the joint venture, with South Korea’s SK E&C holding the remaining 30%.