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Port Kembla in New South Wales
Australia LNG
Andrew Kemp
8 May 2024
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Australia's LNG import projects encounter buyer apathy

Despite Australia’s first import terminal nearing completion, the prospect of additional regasification projects is far from certain

Australia’s Squadron Energy said on 24 March that its Port Kembla project in New South Wales, which can supply more than 100PJ/yr of gas to the local market, was more than 90% complete. It has been two-and-a-half years since construction began on the project. However, growing complexity within the east coast gas market leaves uncertainty about how and where such developments fit within the energy mix. Indeed, despite Port Kembla’s imminent completion, the project still has not secured any buyers. This lack of demand is perhaps why the project’s FSRU is now en route to Egypt to start an 18-month contract at the port of Ain Sokhna. Delays set in Consultancy Wood Mackenzie revealed on 22 April

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Albania’s long pursuit of gas
23 July 2025
Gas is unlikely to assume a major role in Albania’s energy mix for years to come, but two priority projects are making headway and helping to establish the sector
Ammonia ambitions to help drive gas demand
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
WPC Energy to promote role of women
22 July 2025
Next year’s WPC Energy Congress taking place in April in Riyadh, Saudi Arabia will continue to promote the role of women in the energy sector, with a number of events focusing on the issue.
Energy sector needs stable policy and better communication
22 July 2025
Pedro Miras is the serving President of WPC Energy for the current cycle which will culminate with the 25th WPC Energy Congress in Riyadh, Saudi Arabia in April 2026. He has over 30 years of experience in the energy sector, including stints with Repsol and the IEA. Here he talks to Petroleum Economist about the challenges and opportunities the global energy sector currently faces.

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