There’s no reason why existing supplies or gas unlocked by the Domestic Gas Reservation Scheme can’t be delivered to demand nodes in NSW and VIC. We have already solved transportation for gas from anywhere in Australia.
In this podcast, Squadron Energy Executive General Manager Walt Schutte explains why flexible infrastructure will be critical to supporting the transition to renewable energy, and why Port Kembla Energy Terminal (PKET) is the answer.
“Port Kembla Energy Terminal is a huge opportunity for Australia. It’s a solution for our looming gas shortfall. It’s a virtual pipeline that can get gas to exactly where we need it.”
Major pipeline projects or new gas fields require significant long-term investment, while a regasification terminal provides a flexible, lower-cost solution that can respond to market needs quickly and efficiently. It can operate when demand requires it, helping firm renewable energy, support industry and strengthen energy security, without locking Australia into expensive infrastructure that may only be needed for limited periods.
As Australia’s first completed regasification terminal, PKET is designed to provide a practical, efficient and more affordable way to move gas to where it’s needed most, supporting households, businesses and manufacturers while the energy system evolves.