LNG US patent allowed

Company News

Liquefied Natural Gas Limited (ASX:LNG) has seen its request for a US patent on its OSMR technology allowed by the US patent office.
 
The LNG producer says it expects the patent to be granted in several weeks to cover its method and system for production of LNG.
 
CEO Maurice Brand says the company’s primary invention will shortly be further protected in the US to support the company’s Magnolia LNG Project in Louisiana and other projects. 
 
The company now has patent protection in all three key markets within which it is currently planning to build, own and operate LNG projects.
 
LNG reported a net loss of $24.6 million in the 2014 financial year.

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