Thanks to the Illawarra Innovative Industry Network (I3Net) for a well run presentation last night at The Fraternity Club in Wollongong. The night provided an opportunity the Australian Industrial Energy Port Kembla Gas Terminal (PKCT) project and the new University of Wollongong (UOW) Health Precinct to discuss each of these projects in detail. Both projects will provide a significant boost for the region through the provision of local work packages and ongoing support work.
Australian Industrial Energy (AIE) plans to develop a liquified natural gas (LNG) import terminal at Port Kembla (The Project) . With a forecast capital cost of between A$200 – A$250 million the Project. Once constructed and operational, is expected to be able to supply up to 100 petajoules (Pjs) of natural gas per year. This is the equivalent to more than 70% of NSW’s current annual gas demand. In addition, it is estimated the Project will create around 130-150 jobs. During the construction period and between 40-50 ongoing roles.
Great work to Bianca Perry and the i3Net board for another great event.
#i3net #advantagewollongong #innovationcampus #UOW #Australianindustrialenergy