AIE selects Höegh LNG’s FSRU for its Port Kembla import project

AIE slects Höegh LNG's FSRU for its Port Kembla import projectRendering of the Port Kembla facility site (Image courtesy of AIE)

The Australian-led consortium, Australian Industrial Energy signed a deal with Norway’s Höegh LNG for the supply of a floating storage and regasification unit (FSRU) for the proposed Port Kembla Gas Terminal (PKGT)

The FSRU will be moored at Berth 101 in Port Kembla’s inner harbor and accept cargoes of liquefied natural gas from LNG carriers, store the LNG and convert it onboard from liquid back to gas, the company said in a statement.

The gas will then be transferred onshore and be piped into the gas transmission network, AIE said.

The facility, the first LNG import terminal in New South Wales, will have the capacity to supply in excess of 100PJ per annum, sufficient to meet over 70 percent of NSW’s total gas needs.

Construction of the terminal is likely to require a capital investment of between $200m and $300 million, AIE said in an earlier statement.

The consortium, comprising Australia’s Squadron Energy and Japan’s Marubeni and Jera, added the facility will provide increased certainty of gas supply to New South Wales.

Share this article

Follow LNG World News

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

FSRU World Congress 2020

FSRU World Congress 2020 will therefore focus on further Commercialising FSRUs through LNG-to-Power…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Houston / Feb 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

3rd CWC Japan LNG & Gas Summit

As the only commercially focused forum for the Japanese LNG industry

read more >