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Magnolia LNG Project Purchased by Glenfarne, an Industrial Info Market Brief

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Industry Segment: Market Brief | Word Count: 57 Words

After Global Energy Megatrend failed to close the purchase of the Magnolia liquefied natural gas (LNG) project from LNG Limited, a new buyer emerged in a matter of days. Glenfarne, based in New York, purchased the project for $2 million. Glenfarne intends to follow through with the project.

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