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Mitsubishi backs $800m gas solution for South Australia

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Mitsubishi backs $800m gas solution for South Australia

14 May 2018

Japan's Mitsubishi Corporation is backing the joint venture that is working to solve South Australia's future energy needs with a "virtual pipeline" project that would see liquid natural gas imports linked to a new firming capacity power station.

The now $800 million project proposed, which was reported first in The Australian Financial Review in March last year, has been developed by a group of former BHP managers who work at Melbourne-based management consultancy Integrated Global Partners.

 

Read more here.

Source: Matthew Stevens, Financial Review

 

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