Venice Energy advances LNG import terminal in Australia May 5, 2021 1:57:pm Summary by: Daniel Graeber Posted in: Venice Energy advances LNG import terminal in Australia South Australian-based Venice Energy said May 5 the selection of a preferred supplier for its FSRU at an LNG project in Adelaide sets it up for a final investment decision by year’s end. The company launched a tender for the floating storage and regasification unit (FSRU) in December, vetting offers from six different shipping companies. Three of those were short-listed in March. Without providing a name, managing director Kym Winter-Dewhirst said Venice was now starting to formalise an agreement “with a leading global independent LNG shipowner and operator from Europe.”