Skip to main content

Port Kembla LNG terminal approved by NSW state

Published by
LNG Industry,


According to the latest Reuters report, Australia’s New South Wales state has approved plans for a floating LNG import terminal at Port Kembla.

The Port Kembla project is backed by a Japanese consortium and will cost an estimated $176 million. It is the first in the latest wave of five of LNG import terminals proposed in Australia to receive planning approval.

All five terminals are part of larger scheme which aims to cut gas prices and avert a significant supply shortage that is expected to hit the country’s southeast region in the 2020’s.

Having received approval for the Kembla project, Australian Industrial Energy (AIE), the joint venture responsible for the berth of the floating LNG import facility, will now focus on lining up customers.

AIE reportedly aims to take a final investment decision (FID) on the project in mid-2019.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/29042019/port-kembla-lng-terminal-approved-by-nsw-state/

You might also like

Kabel Schlepp

WEBINAR - Key criteria to ensure proper selection of a cable drag chain

In this webinar KabelSchlepp will review and discuss the items needed to ensure that a cable track is properly selected and sized for the user’s application. How diameters and weights of the fill package effect cable track selection and how the jacket material of the fill package influences the cable track design. Register for free today »

 

PTT buys year’s supply of LNG

Thailand’s PTT has purchased 10 LNG cargoes for delivery over the course of a year, starting in March 2020.

 
 

Embed article link: (copy the HTML code below):


 

LNG Industry is not responsible for the content of external internet sites.