Australia’s Viva to launch FEED work for Geelong LNG project

Australia’s Viva Energy plans to start front-end engineering and design work on a planned LNG import terminal at its Geelong refinery by the end of this year.

The downstream player announced earlier this year it plans to build the LNG import facility. The plans include installing an FSRU as part of its Geelong energy hub in the south-eastern Australian state of Victoria.

It also launched the process of seeking expressions of interest from commercial partners for the proposed import facility.

“We expect to be in a position to commit to FEED work before year-end and continue work on other opportunities associated with the energy hub,” Viva’s chief executive Scott Wyat said on Monday announcing the company’s half-year results.

The LNG project would form a key part of the energy hub to be developed alongside the company’s existing Geelong refinery that has been in operation since 1954.

Besides the FSRU, the LNG import plan would require an extension of the existing refinery pier and construction of a new 6.5km pipeline to take the gas from the facility to the existing gas transmission system.

Viva hopes to bring the fuel from existing Australian LNG production facilities helping fill gas supply shortages in Victoria and underpin growing renewable generation.

According to the Australian firm, the LNG terminal could have the capacity to supply around half of Victoria’s gas needs.

Apart from the LNG importing facility, the Geelong hub would include a solar energy farm on surplus refinery land, and support the emerging hydrogen industry.

- Advertisements -

Most Popular

Spark: spot LNG shipping rates ease this week

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet declined this week as vessel availability increased,...

Pilot LNG, Seapath plan to build $150 million US bunkering facility

Houston-based Pilot LNG is joining forces with Libra Group's maritime unit Seapath to build what they say is the...

US weekly LNG exports down to 21 shipments

US liquefied natural gas (LNG) exports declined in the week ending September 27 compared to the week before, according...

More News Like This

Australia’s Viva signs LNG infrastructure deal with GeelongPort

Australia’s Viva Energy has entered into commercial agreements with GeelongPort for the planned FSRU-based LNG import terminal at its...

Australia’s Viva inks Geelong LNG deals with Woodside and Hoegh

Australia’s Viva Energy said it has signed deals with Woodside and Hoegh LNG for the planned FSRU-based LNG import...

Australia’s Viva welcomes new partners for Geelong LNG project

Australia's Viva Energy has signed initial deals with two consortiums that showed interest in supporting a planned LNG import...