MELBOURNE, Nov 4 (Reuters) - Australian Industrial Energy (AIE) applied in October to the New South Wales state government to modify the approval for its Port Kembla LNG import terminal to allow more frequent cargo arrivals during the winter months. The decision to modify the project has slowed plans for AIE, which had hoped to make a final investment decision on the project in mid-2019. The Japanese-backed consortium now has no target date for signing off on the project. LNG import Crib Point, Port Kembla, Longford, Outer Harbor, Newcastle, project Victoria New South Victoria South New South location Wales Australia Wales Owner AGL Energy Australian Exxon Venice Energy South Industrial Mobil Corp set up by Korea-based, Energy (AIE), private firm private firm backed by Integrated EPIK, Andrew Global working with Forrest's Partners, in Hyundai LNG Squadron talks with Shipping Energy with Mitsubishi Japan's JERA, Corp Marubeni Annual 130-140 PJ 100 PJ Not 80 PJ Could handle capacity available more than 300 PJ Model Contract LNG JERA to help Exxon Toll for LNG Toll for LNG supply, sell secure LNG would traders to traders to gas to AGL's supply. AEI secure use facility use facility customers lining up LNG, sell contracts to gas to sell gas to existing industrial customers customers Final 2020 No date No date Late 2019 H1 2020 Investment Decision Target H2 FY2022 No date 2022 FY2021 2021 start-up Status State State review Early Aim to submit Aim to environmental of modifiied phase of development secure review plan assessing application regulatory project April 2019 approval by Q2 2020 Estimated A$250 mln, A$200 mln to not A$750 mln to US$430 mln, cost excluding A$250 mln, available A$850 mln, including cost to excluding includes cost of charter FSRU charter building a building an floating cost 500 megawatt FSRU storage and gas-fired regasificatio power plant n unit (FSRU) Analysts/i Most likely Likely Possible Unlikely Unlikely ndustry view on likelihood of going ahead Sources: Projects, Department of Industry, ACCC * Financial year July 2019-June 2020 (Reporting by Sonali Paul; editing by Richard Pullin)
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