Leasing a Floating Storage and Regasification Unit(FSRU) is better than building a fixed plant
with the usual union labour cost overruns. "Crib" Point - the unions might think that such a place with a name from the Union Wikipedia is a place to have a rest. Didn't they have a field day at the Wonthaggi Desal project. Oh Victoria - the place to be !
Seems that they are fast tracking the project but have left themselves a financial exposure of $102M if all the other approvals needed are not granted. Twiggy Forrest must have them worried about who will be first to market.
It is in the land of DanTopia so if they pitch it as enabling more of the vast windmill arrays and rooftop panels then maybe Dan will greenlight it. After all they want to achieve 40% renewables by 2025.
With offshore gas almost run out and DanBans on onshore fracking and coal seam gas something has to give way. Imagine how much gas must be in the coal seams under DanTopia? - but all gates locked up.
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