AGL remains committed to Crib Point LNG project

Australian utility AGL Energy remains committed to its liquefied natural gas (LNG) import jetty and pipeline project at Crib Point, Victoria.

In his AGM address, AGL’s CEO Brett Redman said the company hopes to progress the Crib Point liquefied natural gas (LNG) import jetty project.

The aim is to support flexibility in the gas market and satisfy the company’s customer demand.

The project is progressing well and currently undergoing the appropriate environmental approvals.

AGL has engaged extensively with both the community and local and state governments to ensure we understand concerns regarding the project’s impact on local marine life, as well as the broader environment.

The proposed gas import jetty would be connected by a new gas pipeline approximately 57km long, into the Victorian Transmission System (VTS), east of Pakenham.

The pipeline would be developed and constructed by APA Group.

To remind, Norwegian floating LNG giant Höegh LNG will deploy its FSRU Höegh Esperanza for the job under a 10-year charter deal.

The floating storage and regasification unit (FSRU) would be continuously moored at Berth 2 of Crib Point jetty. Depending on demand, between 12 to 40 LNG ships per year would moor alongside the FSRU at Crib Point to resupply the FSRU with LNG.

Earlier this year, AGL has also issued the Environmental Effects Statement (EES) for the project.