LNG

The Australian state of Victoria has delayed an LNG regasification project planned by AGL Energy to end energy shortages because the Labor-run government has ordered a full environmental assessment of the venture ahead of November elections.

Australian pipeline company APA Group that controls connections to LNG plants in the states of Queensland and Western Australia and is building a pipeline to a new FLNG import project near Melbourne has received a A$13 billion (US$9.8 billion) takeover offer from a Chinese consortium