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Australia's New South Wales state approved plans by a Japanese-backed consortium to build a A$250 million ($176 million) liquefied natural gas import terminal at Port Kembla
, looking to cut gas prices and avert a supply shortage.
class="firstThe Anna Elisabeth is being blocked from leaving a dock in Port Kembla
, near Wollongong, after 17 crew members from Sri Lanka and the Philippines claimed there was not enough food and a ban on shore leave.
Coal exports from the Port Kembla
Coal Terminal in Australia's New South Wales state fell to 386,280 mt in July, from continuous impact of lower volumes coming from South32's Illawarra Metallurgical Coal's operations.
The proposed new LNG import terminal would be located at either Port Botany, Port Kembla
and Newcastle, all of which are close to existing gas pipelines, helping to keep down costs.
When the state government announced it would not proceed with the privatisation of Wyong, Bowral and Goulburn it would have been understandable if heads dropped at Shellharbour and Port Kembla
Only one of the newly opened mines was in the south, at Mt Kembla
, where the railway ran to the port at Wollongong; the remainder were in the northern part of the district.
21 April 2017 - US-based coal company Peabody Energy will not be proceeding with the the Metropolitan Colliery and associated 16.67% interest in the Port Kembla
Coal Terminal to a subsidiary of Perth, Western Australia-based metal and coal mining company South32 Ltd (ASX, LSE) (OTC: SOUHY) for USD 200m in cash, the company said.
Target: Metropolitan Mine, 16.67% stake in the Port Kembla