https://www.miningweekly.com

New LNG terminal 'critical' for NSW

14th August 2019

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – The New South Wales government on Wednesday granted critical status to a liquefied natural gas (LNG) import terminal at Newcastle.

The terminal, if approved, would significantly increase the local gas supply, promote competition between suppliers and put downward pressure on the state’s gas prices, and could supply up to 80% of New South Wales’ gas needs.

Acting Premier John Barilaro said the proposed A$589-million gas import terminal at Koorangang Island would include a connecting pipeline to the existing New South Wales gas supply network.

“The terminal could be operational by 2022/23, and provide supply for gas-fired power stations, helping to manage energy security during the period in which the Liddell power station is scheduled to close.

“This LNG terminal would significantly address this risk and help secure a reliable and affordable future for New South Wales’ gas supply.”

The proponent Newcastle GasDock Company, will need to prepare an environmental impact statement for the project, which will be subject to public comment, with the Department of Planning, Industry and Environment then assessing the merits of the project before making a recommendation.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ASTPM
ASTPM

Established in 1983, the ASTPM is an industry association and representative body of the welded carbon steel tube and pipe manufacturers of South...

VISIT SHOWROOM 
Columbus Stainless
Columbus Stainless

Columbus Stainless, based in Middelburg, Mpumalanga, is Africa’s only producer of stainless steel flat products. In addition, Columbus is the only...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.045 0.681s - 110pq - 2rq
Subscribe Now