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Australia's AGL Energy signs agreements for gas import jetty at Crib Point

Gasoil News - Published on Thu, 14 Jun 2018

Image Source: ET
Reuters quoted Australian power producer AGL Energy as saying that it has signed two agreements for its planned liquefied natural gas (LNG) import terminal at Crib Point in the southeastern state of Victoria

AGL said that the first is with pipeline firm APA Group to develop and construct the Crib Point Pakenham pipeline, and transport gas from the proposed LNG terminal to the domestic market.

The second is with the Port of Hastings Development Authority for the long-term use of Crib Point Jetty berth 2 to moor the floating storage and regasification unit (FSRU)

Both are subject to a final investment decision to be made on the terminal by the financial year 2019

The company expects the delivery of first gas into the domestic market during the 2021 financial year

AGL said it is working on getting environmental approvals and licensing requirements for the project and is negotiating commercial arrangements for LNG supply and long-term charter of the FSRU

Source :

Posted By : Nanda Koijam on Thu, 14 Jun 2018
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