Geelong LNG Terminal

From Global Energy Monitor
This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.
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Geelong LNG Terminal is a proposed floating LNG import terminal in Victoria, Australia.[1]

Location

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Project Details

  • Owner: Viva Energy[1]
  • Location: Victoria, Australia[1]
  • Coordinates: -34.495401, 137.481029 (approximate)
  • Capacity:
  • Status: Proposed, Pre-FID[1]
  • Type: Import[1]
  • Start Year: 2024[1]

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

In December 2020, Australian refiner and marketer Viva Energy announced that it has initial agreements with two consortiums over the development of an LNG import terminal next to its 128,000 b/d Geelong refinery in Victoria. Viva plans to make a final investment decision (FID) on the project by the middle of 2022 and have first gas delivered in 2024.[1]

The agreements are with a consortium of Japanese trading house Mitsui and French energy firm Engie, and the second is with Viva's major shareholder trading firm Vitol.[1]

The import terminal will be able to source LNG from both international markets and domestic Australian producers.[1]

Viva has approved funding for the project's initial engineering and started a tender process for the construction of the floating storage regasification unit (FSRU).[1]

Articles and resources

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 Kevin Morrison, Viva adds partners to Geelong LNG import terminal plan Argus Media, December 7, 2020

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External resources

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