Spanish energy player lands work on Squadron’s Port Kembla import terminal

Spanish energy player Reganosa has beaten international competition to win the operations and maintenance (O&M) contract for the onshore facilities for Squadron Energy’s liquefied natural gas import project at Port Kembla, Australia.

Hoegh Evi’s Hoegh Galleon floating storage and regasification unit, currently operating in Egypt, is due to be deployed at Port Kembla in New South Wales in 2027.

The terminal on Dharawal land in Port Kembla’s inner harbour will have the capacity to supply 500 terajoules per day of gas — sufficient to meet nearly all the state’s gas needs on a peak day.

Reganosa’s contract, with an initial duration of five years and the possibility of extending it to eight, includes preservation and O&M work on the onshore terminal, and is adapted to the seasonality of the country’s energy demand, allowing the FSRU to be temporarily disconnected and the facility to be kept in optimal condition for reactivation, noted the contractor.

While no further details of contract’s scope were disclosed, the partnership will create local job opportunities, with a focus on hiring regionally, noted the LNG import project’s operator.

Squadron executive general manager operations Stuart Davis said that Reganosa’s appointment firmed up the Port Kembla regasification terminal as the best solution to the looming gas shortage on Australia’s east coast.

“By bringing together global expertise and local commitment, we’re ensuring reliable gas supply for the eastern market while laying the groundwork for a flexible, competitive and sustainable energy system,” said Davis.

“The Port Kembla energy terminal will strengthen domestic gas supply, enhance energy security and support Australia’s energy transition without the need for new gas fields that lock in emissions for decades to come.”

Reganosa said that, over the last year, it has taken decisive steps to consolidate its presence in the Apac region’s energy sector, undertaking strategic projects in key markets and demonstrating an ability to adapt and technical excellence that positions it as a leading partner in the global energy transition.

Since 2021, the company has maintained a presence in the Philippines, supporting the development of energy infrastructure in the country including advising on the operation and maintenance of an FSRU terminal.

Reganosa owns and operates the LNG terminal in Galicia and owns 25% of the Musel E-Hub in Gijon, both in its native Spain.

https://www.upstreamonline.com/lng/reganosa-scoops-australia-lng-project-prize/2-1-1911976