Squadron Energy selects Reganosa to operate and maintain Australia’s Port Kembla LNG terminal, addressing gas supply challenges on the east coast. The contract includes an initial five-year term, with potential for extension, and aims to strengthen domestic gas supply and enhance energy security.

Reganosa’s entry into the Oceania market with the Port Kembla facility marks its first contract in Australia. The partnership with Squadron Energy is expected to generate local employment opportunities, focusing on regional hiring. Reganosa’s chief operating officer highlighted the company’s experience in Asia and commitment to sustainable energy infrastructure.

The collaboration between Squadron Energy and Reganosa aims to ensure reliable gas supply, enhance energy security, and support Australia’s energy transition. The Port Kembla Energy Terminal will be modified to align with seasonal energy demand, providing a flexible, competitive, and sustainable energy system for the eastern market.

Read more at Yahoo Finance: Reganosa to operate and maintain Australia’s first LNG terminal