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    Viva Energy Signs Deal For LNG Import Terminal In Victoria, Australia


    July 29, 2022 - Fitch Solutions Sector Intelligence

     

      THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

      Viva Energy Signs Deal For LNG Import Terminal In Victoria, Australia

      • 28 Jul 2022
      • Australia
      • Infrastructure

      News: Viva Energy has signed an agreement with GeelongPort to build infrastructure for the proposed Geelong liquefied natural gas (LNG) import terminal with capacity between 13.35mn cubic metres (cu m) and 16.02mn cu m per day in the Australian state of Victoria. The agreement includes the construction of an extension to the existing refinery pier to provide an additional berth for a floating storage and regasification unit. Under the deal, GeelongPort will build the extension and licence the pier to Viva, which will build a gas pipeline and treatment facility to enable gas to be supplied into the gas network. The start of construction is subject to a final investment decision on the terminal (Argus Media).

      This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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