LNG exporter Australia shifts focus to meeting demand at home

Energy companies respond to decarbonization drive, shortage concerns

20220908N australia lng terminal

Squadron Energy aims to bring its LNG terminal at Port Kembla, near Sydney, online in 2023. (Photo courtesy of Squadron Energy)

FUMI MATSUMOTO, Nikkei staff writer

SYDNEY -- Energy companies in Australia, one of the world's largest exporters of liquefied natural gas, are racing to build infrastructure for domestic supply amid higher prices and rising demand that have changed the profitability picture.

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