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Push for $1bn gas terminal in Newcastle

EASTERN Star Gas has teamed up with Japanese giant Hitachi to push its plans for a $1 billion export gas terminal in Newcastle.

Eastern Star chairman and former National Party MP John Anderson signed a memorandum of understanding in Tokyo on Friday with executives from Hitachi and another Japanese company, Toyo Engineering.

Mr Anderson said the memorandum paved the way for a feasibility study into the development of a liquefied natural gas export terminal capable of producing one million tonnes of gas a year, or about eight to 10 ships a year worth of product.

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