Our projects

Port Kembla Energy Terminal

Port Kembla Energy Terminal is located on Dharawal land, in Port Kembla’s Inner Harbour. The terminal will have the capacity to supply 500TJ a day - enough to meet nearly all of NSW’s gas needs on a peak day. The new terminal will support domestic gas supply as we transition to renewable energy.

Post-commissioning

Project status

130PJ annually

Expected capacity

130PJ

Capacity

200+

Direct jobs created

$27.1m

Regional investment

Project updates

How will Port Kembla Energy Terminal work?

Our Port Kembla Energy Terminal will secure gas for NSW and Victoria, meeting forecast shortfalls and avoiding shortages and price spikes for Australian businesses and households. But how does it work?

Learn more in our explainer.

Providing a firming energy solution, right here in Port Kembla.

Squadron Energy’s Port Kembla Energy Terminal (PKET) - Australia’s first LNG regassification terminal - is the only solution capable of resolving Australia’s looming gas shortage by guaranteeing gas supply from domestic and international sources.

PKET will unlock access to global LNG supplies, allowing NSW and Victoria to secure cheaper gas during northern hemisphere summers when prices are low. This increased supply will help stabilise prices and ensure reliable energy during Australia’s winter peaks, which means that households and businesses can have a reliable and affordable source of gas.

The terminal will meet forecast gas supply needs in the coming years, without the need for new gas fields in Australia, which would be a source of emissions for decades to come.

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Project timeline

Our community approach

Community

The wellbeing of the community is a core component of our work. Our approach to engaging with the local community is both genuine and lasting. As part of this commitment, over the last six months we have sponsored community initiatives such as the University of Wollongong's Global Leadership (GoLead) internship program, International Women's Day Illawarra, UCI Wollongong 2022 Community Ride and the Mission to Seafarers Port Kembla bus.

Squadron Energy is new to the Illawarra region, and we recognise that each community is different. We aim to tailor benefits at each firming project and make positive lasting contribution to the Illawarra. We look forward to launching a community grant and sponsorship program for Port Kembla in 2023.

Key documents

About Squadron Energy

Squadron Energy is Australia’s leading renewable energy company that develops, operates and owns renewable energy assets in Australia. We are 100% Australian owned and we are here for the long term. We have 2 gigawatts (GW) of renewable energy in operation and under construction. With proven experience and expertise across the project lifecycle, we work with local communities and our customers to lead the transition to Australia’s clean energy future.

Contact us

Energy Terminal 24 hour community hotline for complaints and enquiries:

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