Mystery Solved of Who Bought Magnolia LNG Export Project

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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