Pipeline Announcements Supporting Crib Point LNG Import Facility, page-3

Related to this thread.....

" The key Japanese backer of Andrew Forrest's proposed east coast gas import terminal has declared that it can source the world's cheapest LNG for the venture, helping ensure gas buyers get more bargaining power and lower prices."

Fin Review  04 June 2018

https://www.copyright link/business...forrests-nsw-lng-import-plant-20180601-h10v4g

• Start Up Targeted 2020

• The venture has signed at least 12 initial deals with major industrial customers

• Likely gas prices from the terminal gate of $8-$12 a gigajoule

• Paves  the way for NSW to use foreign gas for more than 70 per cent of its needs

• Another article mentions 100PJ/year = 273 TJ/Day

These terminals have the advantage that they can offload  "Stranded cargos" at a more attractive price.


Regards OGP