AGL’s Crib Point FSRU project rejected

The Victorian government has rejected a proposal by AGL Energy to install an FSRU at Crib Point and the associated pipeline due to “environmental concerns.”

“It’s very clear to me that this project would cause unacceptable impacts on the Western Port environment and the Ramsar wetlands,” Victoria’s Planning Minister Richard Wynne said in a statement.

He added “it’s important” that these areas remain protected.

Furthermore, the government said it has based the decision on an environment effects statement produced by AGL and APA Group, around 6,000 public submissions, and a report into the findings of the statement by an independent committee.

“This has been an exhaustive, open and transparent process and this is the right outcome for the local community, the environment and Victoria as a whole,” Wynne said.

Australian utility AGL Energy planned to import LNG to fill an expected shortfall in gas supply from 2024.

Moreover, the project competed with at least five other developments aiming to import LNG into southeast Australia.

AGL said it would consider its position. The firm says it has already invested about A$130 million ($99 million) on the Crib Point development.

In addtion, the utility also previously selected Hoegh Esperanza FSRU for the project, subject to a final investment decision.

Most Popular

Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.

Hanwha Ocean, Posco plan to build LNG carrier with high-manganese steel tanks

South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.

More News Like This

Hoegh Evi to develop Malaysian LNG terminal

Norwegian FSRU player Hoegh Evi has signed a deal with Sarawak’s state-owned oil and gas company Petros to jointly develop an FSRU-based LNG import terminal in Malaysia's Sarawak state.

Hoegh Evi wraps up $1.85 billion refinancing

Norwegian FSRU player Hoegh Evi has completed a $1.85 billion refinancing transaction to support the next phase of growth.

Indonesian FSRU wraps up 100th STS LNG transfer

Hoegh Evi’s Lampung FSRU, which serves Pertamina’s Perusahaan Gas Negara off the southeast coast of Sumatra in Indonesia, has completed its 100th ship-to-ship LNG transfer since it started operations in 2014.

VTTI, Hoegh Evi launch open season for Dutch LNG terminal

Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, and Norwegian FSRU player Hoegh Evi launched an open season for regasification capacity for their planned FSRU-based facility in the Netherlands.