Australia’s AGL, an integrated energy company, is looking to build an LNG terminal at Crib Point near Melbourne in Victoria, according to Platts.
The idea of building a terminal in the world’s second-biggest exporter of gas has been gaining momentum over recent months as the state has faced severe gas supply shortages.
Feasibility studies are under way, and AGL plans to invest A$250 million (US$ 197 million) in the project and start construction in 2019, with the aim of beginning operations in 2020-2021....
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