AGL Energy Limited announced that the New South Wales Planning Assessment Commission (PAC) has approved AGL’s application to construct the Newcastle Gas Storage Facility at Tomago, near Newcastle.
The total project investment will be approximately $310 million.
Mike Moraza, Group General Manager Upstream Gas said: “ This facility will enable AGL to meet the growing demand for gas by the people and businesses of New South Wales. AGL will be able to provide security of gas supply for more than 700,000 customers by managing peak gas demand and pipeline constraints .”
Granted under Section 75J of the Environmental Planning & Assessment Act 1979 and subject to certain conditions, the approval allows AGL to construct:
Expected to be completed in 2015, the site will incorporate:
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LNG World News Staff, May 11, 2012