LNG

A South Korea-based liquefied natural gas project company has signed an agreement with Australian building contractors Watpac Ltd for the design and construction of the onshore infrastructure for the LNG import facility planned for the Australian port of Newcastle in the state of New South Wales.

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.