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Project Insights

Supply crunch in eastern Australia boosts new FRSUs

Persistent concerns about supply constraints and rising prices for gas in eastern Australia continue to support the business case for LNG import infrastructure Persistent concerns about supply constraints and rising prices for gas in eastern Australia continue to support the business case for LNG import infrastructure.
By Sally Bogle 31 October 2019 Asia Pacific / Supply & Demand 0 34742
Port Kembla in New South Wales. (DawMatt Flickr)

The key issue: The JERA-backed Australian Industrial Energy consortium on 25 October formally applied to increase the number of LNG cargoes it wants to import through its planned FSRU at Port Kembla, south of Sydney.

Interfax analysis: Feedback from industrial consumers in New South Wales (NSW) about increasing seasonal gas needs has prompted at least one LNG import developer to scale up its plans. The JERA-backed Australian Industrial Energy (AIE) consortium’s planned FSRU at Port Kembla, south of Sydney, has delayed FID by around...