Liquefied Natural Gas Studies Another North American Project
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Liquefied Natural Gas Ltd., the Australian company planning to build plants to liquefy gas in the U.S. and Canada, is considering a third project in North America to take advantage of increasing demand.
Starting next month, the Perth-based company will look at options to “unlock further value,” including trading on a second stock exchange, Managing Director Maurice Brand said today by phone. Liquefied Natural, which has climbed almost 15-fold in Sydney trading this year, is preparing to open an office and hire two or three executives in Houston, he said.