LNG

Second Aussie FSRU to target large industrial sector

Australia’s second FSRU will not be in competition with its first floating regas project, the CEO of the development consortium has told Interfax Natural Gas Daily Australia’s second FSRU will not be in competition with its first floating regas project, the CEO of the development consortium has told Interfax Natural Gas Daily.
By Sally Bogle 2 March 2018 0 29816
The Cameron LNG project in the US. Freeport LNG. AIE’s FSRU could source gas from as far afield as the US. (Sempra)

Australia’s second FSRU will target different customers from utility AGL Energy’s proposed Crib Point project, meaning the two developments will not be in competition, James Baulderstone, chief executive of the consortium developing the new project, has told Interfax Natural Gas Daily

The consortium, Australian Industrial Energy (AIE), comprises billionaire miner Andrew Forrest’s Squadron Energy and Japanese companies Jera and Marubeni. It is looking to install an FSRU in New South Wales (NSW) to provide a new source of gas for large industrial consumers, which...