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SOURCE BrokerBank Securities, Inc.
NEW YORK, June 30, 2014 /PRNewswire/ -- As the world population continues to grow, so too will the demand for energy. Compared to the year 2000, it is estimated that global energy demand will double by the year 2050. To help meet this growing demand, many people are turning to natural gas, which is the cleanest burning fossil fuel. However, because some natural gas resources are in remote locations, transporting the gas long distances by pipeline can be costly and impractical. As a result, the gas is liquefied by cooling it, which shrinks its volume for easier, economical and safe transportation by ship
Headquartered in Australia, Liquefied Natural Gas Limited (OTCBB: LNGLF) is engaged in the identification and progression of opportunities for the development of liquefied natural gas (LNG) projects to produce and sell LNG. The company operates in three segments: oil and gas project development; investment in existing oil and gas discoveries and prospective acreage; and technology development and licensing. The company's current projects include the Gladstone LNG project in Queensland, Australia and the Magnolia LNG project in Louisiana, USA.
A full in-depth analyst report on LNGLF that includes risk factors, industry review, financial position, potential revenues, review of current business model, competition breakdown, analyst summary, and recommendation can be viewed by using the following link at no cost:
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BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
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