Newcastle liquefied natural gas floating storage and regasification import terminal, Australia

22nd March 2019 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

Newcastle liquefied natural gas floating storage and regasification import terminal, Australia

Name of the Project
Newcastle LNG floating storage and regasification (FSRU) import terminal.

Location
The Port of Newcastle, in Australia.

Client
EPIK.

Project Description
The project involves the proposed construction of a liquefied natural gas (LNG) FSRU import terminal. The project will include a 170 000 m3 class new-build FSRU and associated on-shore infrastructure.

Potential Job Creation
Not stated.

Value
The project is estimated at between $400-million and $430-million.

Duration
Not stated.

Latest Developments
EPIK has entered into a project development agreement with the Port of Newcastle to start preliminary works on a proposed LNG FSRU import terminal.

The company plans to place an order for the FSRU new-build, with a shipyard subject to receiving regulatory approvals for the project.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Too early to state.

Contact Details for Project Information
EPIK PR and communications director James Markham-Hill, tel +1 713 876 3500 or email media@epiklng.com.