Eastern Star Gas Chairman John Anderson said that the proposed Newcastle LNG project would deliver significant benefits through gas production and pipeline activities.
“Capital expenditure on gas production activities will exceed $A1 billion over the life of the project,”? Mr Anderson said. “A further $A1 billion will be expended up-front for construction of a first-stage, 1 million tonne per annum LNG plant, and around $A500 million expended on pipeline infrastructure.”?
Mr Anderson said that Hitachi and Toyo had “the experience, technologies and equipment”? to accelerate investigations into export of LNG from Newcastle.
Eastern Star Gas is the operator of the Narrabri Coal Seam Gas (CSG) Project.