Hoegh Confirms One FSRU for Australian Southeast

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Norwegian shipowner Hoegh confirmed it will be providing a floating storage and regasification unit (FSRU) to Australian Industrial Energy (AIE), which is planning a terminal at Port Kembla in New South Wales. The confirmation puts an end to speculation on whether AIE would lose its FSRU to Europe amid a rush to replace Russian piped gas with LNG imports.

Regasification, LNG Demand, LNG Trade
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