https://oilprice.com/Latest-Energy-News/World-News/Australia-to-Get-New-LNG-Import-Terminal.html
I think it is good. IMO it means that natural gas will be higher in price locally which will make Narrabri more feasible and for that matter any other onshore developments in NSW and Victoria. However, given that LNG is now off it's lows and demand seems to be ramping up especially in China, I am not sure how feasible a LNG import terminal will be.... I wish them luck.
P
is this good or bad?
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