AGL Considers Purchasing LNG Import Terminal

Reuters has reported that due to the rise in electricity prices for the first half of year and to deal with potential shortage in gas supply going forward, AGL may build a LNG import terminal.

Key Attributes;

  • Decision expected by June 2018
  • LNG terminal to cater for potential gas shortages, even though Australia is set to become the largest LNG exporter in the next few years over taking Qatar

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