LNG

Australian Industrial Energy, a company controlled by billionaire businessman Andrew Forrest, has signed a site lease for up to 25 years with New South Wales Ports for the Port Kembla Gas Terminal project to handle LNG shipments and resolve gas shortages in the region.

Australian Industrial Energy, part of the Minderoo Group investment and mining company, has advanced with plans for the first Australian liquefied natural gas import terminal with Japanese partners, including the choice of location.