Forrest’s AIE leads LNG import race

Original article by Matthew Stevens
The Australian Financial Review – Page: 30 : 30-Apr-19

Australian Industrial Energy has secured regulatory approval to use Port Kembla in New South Wales as the location for its proposed LNG import terminal. At this stage, AIE, which is 50 per cent owned by Andrew Forrest’s Squadron Energy, does not have a CEO. Choosing a CEO is likely to be one of its two main goals before making a final decision on whether to proceed with its LNG terminal, along with securing some firm customers.

CORPORATES
AUSTRALIAN INDUSTRIAL ENERGY PTY LTD, SQUADRON ENERGY, MARUBENI CORPORATION, JERA, AGL ENERGY LIMITED – ASX AGL

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