The Port Kembla Energy Terminal (PKET), Australia’s first LNG import terminal has completed construction, and commissioning of the onshore receiving facility is now underway.
This will ensure the functionality of all equipment at the import terminal including the control system, marine loading arms and fire system.
“The terminal is now getting ready to support domestic gas supply, without the need for new gas fields in Australia, which will be critical as we transition to renewable energy," said Squadron Energy Executive General Manager, Operations Stuart Davis.
“It will address New South Wales (NSW) and Victoria’s electricity challenges by providing gas for peaking power generation, ensuring reliability and stability in the energy market.”
The terminal has the capacity to supply 500TJ a day - enough to meet all of NSW’s gas needs on a peak day or half of Victoria’s peak day demand.
Squadron Energy said that building out variable renewable energy generation options, backed up by batteries and flexible gas, will deliver the lowest-cost new build energy option in time for the retirement of ageing coal power plants.