It looks increasingly plausible that destination-free, competitively priced LNG from the United States could arrive in Australia’s eastern gas market as early as 2020 – an ironic twist for a nation that has just surpassed Qatar as the world’s largest LNG exporter.
This week a fifth FSRU-based LNG import project was announced for eastern Australia, based at the New South Wales port of Newcastle – the world’s busiest coal export point, some 160 km north of Sydney.
Conceived by EPIK LNG – a South Korean-based venture set...
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