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Fermeuse LNG Receives Boost in MOU with South Korea’s Hanwha Industrial Conglomerate

A proposed $15-billion liquefied natural gas development off the coast of Newfoundland has received a major boost, after St. John’s-based Fermeuse Energy signed a memorandum of understanding (MOU) to advance the project with Hanwha Group, an industrial conglomerate based in Seoul, South Korea.

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