LIQUEFIED NATURAL GAS SHIPPING TERMINALS – NEW SOUTH WALES

Forrest’s LNG import vital to avoid shortfall

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 7 : 29-Mar-21

Andrew Forrest’s proposed LNG import terminal at Port Kembla in New South Wales is tipped to inject up to 500 terajoules of gas into the domestic market per day, beginning in January 2023. Nicola Falcon from the Australian Energy Market Operator says the project comes at a critical time, with current gas production in Victoria falling at a faster rate than was previously forecast. The Port Kembla project is expected to cost in the vicinity of $250 million and is one of six LNG import projects being flagged for NSW, Victoria and South Australia.

CORPORATES
AUSTRALIAN ENERGY MARKET OPERATOR LIMITED

Forrest to drive gas import terminal

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Original article by Perry Williams
The Australian – Page: 15 : 30-Oct-20

Mining magnate Andrew Forrest is set to proceed with a proposed LNG import terminal at Port Kembla in New South Wales. Sources have indicated that Forrest’s private company Squadron Energy is close to finalising a long-term lease at Port Kembla. Squadron recently bought out its Japanese partners in the project, and it has previously indicated that construction work could start by the end of 2020. A number of other LNG import projects have been proposed to address gas supply concerns in Australia’s eastern states.

CORPORATES
SQUADRON ENERGY PTY LTD

Second NSW gas terminal critical

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Original article by Perry Williams
The Australian Financial Review – Page: Online : 14-Aug-19

The New South Wales government is to give ‘critical status’ to a second proposed LNG import terminal for that state on 14 August. The $590 million gas plant on Newcastle’s Kooragang Island is being developed by South Korean company EPIK, and was proposed in December 2018. The first NSW LNG import terminal to be awarded ‘critical status’ is the Andrew Forrest-backed project at Port Kembla, which is due to become operational in late 2020. The EPIK terminal could be operational by 2022-23, and has the potential to supply up to 80 per cent of NSW’s gas needs.

CORPORATES
EPIK, AGL ENERGY LIMITED – ASX AGL

Price doubts over Forrest LNG plan

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 14 : 27-Feb-18

BlueScope CEO Mark Vasella is supportive of plans by a venture backed by Andrew Forrest to import LNG into the New South Wales market. Port Kembla is one of three sites envisaged for the project, and Vasella says this would be the best choice, as it is close to customers and infrastructure. Energy Users Association of Australia head Andrew Richards has also welcomed news of the project, while a spokesperson for AGL, which is considering a similar import project in Victoria, said it backs the idea of new supply.

CORPORATES
BLUESCOPE STEEL LIMITED – ASX BSL, AGL ENERGY LIMITED – ASX AGL, ENERGY USERS ASSOCIATION OF AUSTRALIA, JERA, WOOD MACKENZIE, WOODSIDE PETROLEUM LIMITED – ASX WPL, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, WESFARMERS LIMITED – ASX WES, GLENCORE AUSTRALIA PTY LTD

Twiggy, Japan Inc plan to ship LNG to NSW

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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.

CORPORATES
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