Australia’s New South Wales government said on Wednesday it will fast track its review of a liquefied natural gas (LNG) import terminal at the port of Newcastle, proposed by a South Korean firm, as the state urgently looks to beef up gas supply. The Newcastle LNG project, planned by South Korean firm EPIK, was declared “critical state significant infrastructure”, which means the project will not have to go to the state’s independent planning commission for approval, saving several months in the review process. New South Wales, Australia’s most populous state, needs to boost gas supply from 2023 for both industry and ... (full story)