The New South Wales state government has approved Australian Industrial Energy’s (AIE) A$250 million (US$176.4 million) proposed liquefied natural gas floating storage and regasification unit import project at Port Kembla in Australia, writes Amanda Battersby.

“Our Port Kembla gas terminal presents a real opportunity for NSW to take control of its gas supply challenges by introducing significant new and competitively priced supply directly into the heart of the Illawarra industrial region,” the AIE partners said.