Viva Considers LNG Import Terminal at Geelong Refinery
06.22.2020 By Greta Talmaci - NEWS

June 22, May [Argus Media] – Australian refiner and marketer Viva Energy is exploring building a LNG import terminal next to its 128,000 b/d Geelong refinery in Victoria, as part of a plan to develop the area into a energy hub.

 
The import terminal could bring natural gas from other parts of Australia and abroad to Victoria, Viva said. Victoria is the largest gas-consuming state in east Australia, excluding the feedstock used for the three LNG export plants at Gladstone in Queensland.

It plans to create Geelong as a energy hub, including petroleum refining, gas imports, gas-fired power generation and renewables. There is potential for a 27MW solar photovoltaic and battery storage plant at Geelong, Viva said.

The LNG import project is at a pre-front end engineering and design stage. Viva will shortly assess interest from potential partners for gas supplies, gas demand, power generation and LNG floating storage management. The firm will also look at associated projects, such as gas-to-power ventures, LNG for transport such as shipping and heavy vehicles and gas-to-hydrogen.

Viva gave no details about the potential size or cost of the proposed LNG import terminal at Geelong.

The other two LNG import plants proposed for Victoria have both faced delays. Australian utility AGL Energy’s proposed a terminal at Crib Point with first imports in the 2020-21 fiscal year to 30 June, although this date has since been pushed back.

ExxonMobil deferred a plan to build an LNG import terminal in Victoria because of insufficient interest from prospective gas buyers in committing to long-term supply contracts to underpin the project.

There are also LNG import terminals proposed for New South Wales at Port Kembla and Newcastle. Their outcome may depend on a decision of the development of the onshore Narrabri gas project.

————-

Click Here to Access Today a 5,100 Tank Terminal Database With a Pro Trial
5,100 terminals as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

IKAV, VTTI Buy Majority Stake in Italy's Biggest LNG Terminal
03.28.2024 - NEWS
March 28, 2024 [Reuters]-Dutch infrastructure group VTTI and German asset manager IKAV have teame... Read More
Neste Oyj : Supplying Sustainable Aviation Fuel to Emirates for Flights From Amsterdam Airport Schiphol
03.28.2024 - NEWS
March 28, 2024 [Market Screener]-Neste has started supplying sustainable aviation fuel (SAF) to E... Read More
France Gets EC Nod for EUR-900m Biomass, Hydrogen State Aid Plan
03.28.2024 - NEWS
March 28, 2024 [Renewables Now]-The European Commission (EC) has approved France’s plan for a E... Read More
A Milestone Moment Port Arthur LNG Celebrates One Year of Achievement
03.28.2024 - NEWS
March 28, 2024 [Storage Terminal Magazine]-The groundbreaking ceremony for the Port Arthur LNG Ph... Read More