NSW Ports signed an exclusive Memorandum of Understanding (MOU) with AIE (Australian Industrial Energy) to progress with the next phase of the potential development of NSW's first LNG import terminal, the company said in its press release.
For Port Kembla, the development of an LNG import facility presents an opportunity for diversification and growth in port activities and the potential for new value-add services.
Port Kembla is already Australia’s largest vehicle importer and a major exporter of coal and grain.