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FSRU project banker

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Nov 6 (LNGJ) – Epik Co, a South Korea-based liquefied natural gas project company, said it had appointed Australia and New Zealand Banking Group (ANZ) to serve as its financial adviser for the Port of Newcastle GasDock LNG import terminal venture in New South Wales.

   ANZ will provide debt and equity services for Epik’s project involving the deployment of a Korean-built floating storage and regasification unit and onshore infrastructure. A final investment decision is expected in mid-2020. The Korean regasification project is the second proposed for the state of New South Wales with another venture planned for Port Kembla, south of Sydney, and supported by Japanese companies.

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