LNG

Queensland’s fourth LNG project still on the table

LNG Limited is keeping its options open for the Fisherman’s Landing project in Queensland – a potential winner if Asian LNG demand recovers LNG Limited is keeping its options open for the Fisherman’s Landing project in Queensland – a potential winner if Asian LNG demand recovers.
By Sally Bogle 13 March 2017 0 25006
The Gladstone LNG plant. The Fisherman’s Landing project could feed into nearby plants. (Santos)

Amid the furore over eastern Australia’s tightening gas supply situation, Aussie midcap LNG Ltd (LNGL) is quietly focused on what could become Queensland’s fourth LNG export project – albeit with a long lead time. 

Analysts believe the Fisherman’s Landing plant has potential from early next decade, when Asian LNG demand is expected to rebound and buyers will be looking for competitively priced gas for the Pacific Basin. 

“The company’s message has always been that Fisherman’s Landing has been retained as a long-term option given the fact [LNGL...