Mystery Solved of Who Bought Magnolia LNG Export Project

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Two weeks ago MDN told you that PricewaterhouseCoopers (PWC), which had been hired to liquidate the assets of Australian company LNG Limited (LNGL), had found a second buyer for the Magnolia LNG export project for $2 million (see PWC Sells U.S. Magnolia LNG to Different Company for $2M). The new buyer is a company called Magnolia LNG Holdings, LLC. We couldn’t find any clue as to who is behind that company. Now we know.

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