Europe's race to replace Russian gas supply has threatened Australia's plans for five gas import terminals as they compete for key infrastructure, raising the risk of a supply shortfall in Australia's populous southeast in the next two years.
and EPIK - told Reuters they were proceeding with work on their projects, when asked about challenges in securing FSRUs.
"The infrastructure will be in place. However, when first gas flows is highly dependent upon customer requirements," Squadron's acting CEO, Michael Shaw, said in emailed comments. "What we're seeing is the pressure on the shipyards for conversions: That's where we're seeing the most pressure," he told Reuters.
"If you ordered an FSRU today, you may get one delivered in 2026 at the earliest," Hoegh LNG told Reuters in its emailed comment.