'It's absurd': new gas import terminal for one of world's biggest gas exporters

Skyrocketing Australian gas prices are behind AGL plans to build a $250m LNG import terminal south of Melbourne

As Australia ramps up to become one of the world's biggest gas exporters, skyrocketing local gas prices are driving one company to build a new gas import terminal, highlighting an apparently absurd situation for local gas users.

On Thursday AGL announced it had come closer to realising its plans to build a $250m LNG import terminal, nominating a port 80km south of Melbourne as its preferred location.