Original article by Matthew Stevens
The Australian Financial Review – Page: 1 & 2 : 26-Feb-18
Billionaire iron ore miner Andrew Forrest is believed to be the dominant partner in a new venture, Australian Industrial Energy. AIE, in which Japanese trading companies Marubeni and JERA are also involved, is planning to transport LNG to a yet-to-be decided port in New South Wales, where a re-gasification terminal would be established. It is understood that the volume of gas that the terminal would be capable of delivering is equivalent to about 70 per cent of total NSW demand.
AUSTRALIAN INDUSTRIAL ENERGY, MARUBENI CORPORATION, JERA, SANTOS LIMITED – ASX STO, SHELL COMPANY OF AUSTRALIA LIMITED, SQUADRON ENERGY, DUET GROUP, TOYKO ELECTRIC POWER COMPANY, CHUBU ELECTRIC POWER COMPANY INCORPORATED, GENERAL ELECTRIC COMPANY, AUSTRALIAN ENERGY MARKET OPERATOR LIMITED, BLUESCOPE STEEL LIMITED – ASX BSL, BRICKWORKS LIMITED – ASX BKW, QENOS PLASTICS PTY LTD, INCITEC PIVOT LIMITED – ASX IPL, ORICA LIMITED – ASX ORI, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AGL ENERGY LIMITED – ASX AGL