Port Kembla LNG import terminal approved

The Australian Industrial Energy consortium’s proposed $250 million Port Kembla Gas Terminal has been granted planning approval, with a final investment decision on the import site expected mid-year.

AAP reports that the development will include a liquefied natural gas handling facility, berth to accommodate LNG carriers, and a pipeline to link to the east coast network.
NSW currently receives 95 per cent of its gas from interstate. The terminal would provide capacity for 70 per cent of the state’s needs.
“This terminal will make the state of NSW more self-sufficient when it comes to energy, and will create greater access to the global gas market,” said deputy premier John Barilaro.
The Illawarra Business Chamber welcomed the approval for the project, which was fast-tracked as Critical State Significant Infrastructure.

“The Illawarra Business Chamber has been a strong advocate for the Port Kembla Gas Terminal and the decision by the AIE consortium to base the project at Port Kembla demonstrates that the Illawarra economy is ripe for investment,” said Executive Director Adam Zarth.

“Locally, this approval is a big positive for employment in the Illawarra – with 150 jobs to be created in the construction phase, 50 ongoing roles once the gas terminal is established, and a further 15,000 largely manufacturing jobs reliant on the affordable, reliable supply of gas.”
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