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...
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