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Exxon puts lid on import terminal

Dec 02, 2019 (The Australian - ABIX via COMTEX) --
ExxonMobil has advised that it will not proceed with a proposal to build a $100m LNG import terminal at its Longford gas plant in Victoria. A spokesman says there was not enough interest in long-term gas supply contract among potential customers to justify the investment. Several rival proposals to construct LNG import terminals in Victoria and New South Wales have been announced in recent times, with the aim of addressing an expected gas shortage on the east coast..

Publication Date: 3 December 2019

EXXONMOBIL CORPORATION
AGL ENERGY LIMITED - ASX AGL
AUSTRALIAN INDUSTRIAL ENERGY PTY LTD
CREDIT SUISSE (AUSTRALIA) LIMITED
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