Australian Industrial Energy secures Port Kembla lease for floating LNG terminal south of Sydney
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 billionaire Forrest to develop LNG import terminal near Sydney without Japanese partners
Australian billionaire Andrew Forrest's Squadron Energy has bought Japanese investors out of the Australian Industrial Energy joint venture formed to develop an LNG import project in New South Wales at Port Kembla, south of Sydney, and will speed ahead on its own.
Japan-backed Australian LNG import terminal near Sydney receives state planning approval
Australian Industrial Energy and two Japanese partners have advanced with plans for the first Australian liquefied natural gas import terminal at Port Kembla to bring in shipments of LNG for the state of New South Wales by 2020.
Australian port of Newcastle joins up with firm in South Korea for latest LNG regas venture
A South Korea-based liquefied natural gas project company has signed a development agreement with the Australian port of Newcastle, north of Sydney, to commence preliminary works on a proposed LNG import terminal using a floating storage and regasification unit.
