Liquefied Natural Gas Limited

Australia
ASX:LNG
Australia

[email protected]

In October 2019, LNGL was removed from the Pennsylvania Treasury's List of Scrutinized Companies after it was determined there is no recent evidence of activities in Iran that meet the criteria of Act 44 of 2010. 

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In 2011, LNGL was added to the Pennsylvania Treasury's List of Scrutinized Companies Determined as Having Involvement in Iran because of oil-related investment of US $20 million since 1996.
 

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According to its website, "There has been no further progress on this project as the Company's full resources are dedicated to the Fisherman's Landing LNG Project at Gladstone Port in Queensland."

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On LNG. Ltd.'s company website, they have a page dedicated to their Iran natural gas project, the "Qeshm LNG Project" (see further details here).

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A United States Congressional Research Services Report states that in November 2006, LNG. Ltd. signed a pending/preliminary agreement with Iran to develop its Salkh and Southern Gashku fields. The proposal also calls for the construction of an LNG plant. (Congressional Research Service, "Iran Sanctions Act," July 23, 2008)