Epik picks Hyundai for NSW LNG import plans 

SOUTH Korea’s Epik has signed a strategic partnership agreement with Hyundai LNG Shipping which lays out a framework for cooperation on floating storage and regasification units, with one slated for an LNG import terminal at New South Wales Port of Newcastle. 

Epik picks Hyundai for NSW LNG import plans  Epik picks Hyundai for NSW LNG import plans  Epik picks Hyundai for NSW LNG import plans  Epik picks Hyundai for NSW LNG import plans  Epik picks Hyundai for NSW LNG import plans 

Proposed Port of Newcastle LNG import terminal will cost more than competitor AIE by magnitude, also has longer time line 

Epik first laid out plans for an LNG import terminal in early December last year, bringing the total of proposed terminals on Australia's east coast to five, when it signed a project development