IMG.gif

Demand Destruction: Australian LNG Import Terminal Scrapped

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Natural,Gas,Storage,And,Closed,Sign,Sanction,Concept
Shutterstock

South Korean infrastructure developer Energy Projects & Infrastructure Korea (EPIK) has abandoned its proposed LNG terminal at Newcastle in New South Wales, southeastern Australia, due to high LNG prices as Europe's troubles impact down under.

Topics:
LNG Demand, Regasification
Wanda Ad #2 (article footer)
#
Freeport LNG, which went offline in a Jun. 8 explosion, is ramping back up, albeit with some ups and downs.
Fri, Mar 24, 2023
While some view the reforms as a solution to underinvestment in gas-fired power production, others argue they will force those generators to flee the market.
Fri, Mar 24, 2023
The company's spending plans for the next five years put it in a similar league to Western majors, with growth in LNG a key focus.
Fri, Mar 24, 2023