Name of the Project
Port Kembla liquefied natural gas (LNG) terminal.
Location
The project is located at Port Kembla, near Wollongong, New South Wales, Australia.
Project Owner/s
Australian Industrial Energy, a consortium comprising Squadron Energy, Marubeni Corporation and JERA Co.
Project Description
The new terminal will accommodate LNG carrier ships, a floating LNG handling facility, wharf infrastructure and a pipeline to connect to the existing New South Wales east coast gas network nearby.
Once constructed and operational, the terminal is expected to be able to supply up to 100 petajoules of natural gas a year, equivalent to more than 70% of New South Wales’ current yearly gas demand, and help to ease the cost of energy for the 33 000 businesses and one-million households in the state that depend on natural gas.
LNG will be sourced from worldwide suppliers and transported by LNG carriers to the port, where it will be loaded in liquid form onto a floating storage and regasification unit. Potential Job Creation
The project is expected to create 150 jobs during construction and up to 50 ongoing roles once operational.
Capital Expenditure
The forecast capital cost is between A$200-million and A$250-million.
Planned Start/End Date
Development consent was granted by the New South Wales government in April 2019. Australian Industrial Energy expects to have first gas to market in late 2020.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Too early to state.
Contact Details for Project Information
Australian Industrial Energy, tel +61 2 8823 3428 or email info@ausindenergy.com.