LNG

AIE regas project targeting New South Wales industrials

Australian Industrial Energy is targeting first gas from its FSRU in 2020 and is looking to make a splash in the market, says Squadron Energy CEO Stuart Johnston Australian Industrial Energy is targeting first gas from its FSRU in 2020 and is looking to make a splash in the market, says Squadron Energy CEO Stuart Johnston.
By Sally Bogle 5 September 2018 0 32421
Port Kembla in New South Wales. (DawMatt/Flickr)

Australian industrialist Andrew Forrest’s privately owned Squadron Energy is partnering with Japan’s Marubeni and Jera to install an FSRU at Port Kembla near Wollongong in New South Wales (NSW). The project, to be carried out through the Australian Industrial Energy joint venture, will import 2 mtpa of LNG that will be supplied directly to large industrial customers. FID is targeted for 2019, with first gas in 2020. Interfax Natural Gas Daily spoke to Stuart Johnston, Squadron’s chief executive, about...