(EnergyAsia, January 18, Friday)  — Australia’s New South Wales state government has approved a proposal by a private firm to build a A$47 million fuel and biodiesel storage terminal on Newcastle’s Kooragang Island. (US$1=A$1.2).Marstel Terminals is expected to start construction of the six 17-metre-high storage tanks in May. Located near the Walsh Point public reserve,…