LNG

Australia’s AGL considers building LNG terminal in Victoria

Australia’s AGL, an integrated energy company, is looking to build an LNG terminal at Crib Point near Melbourne in Victoria.
By Staff reporter 10 August 2017 0 27138

Australia’s AGL, an integrated energy company, is looking to build an LNG terminal at Crib Point near Melbourne in Victoria, according to Platts.

The idea of building a terminal in the world’s second-biggest exporter of gas has been gaining momentum over recent months as the state has faced severe gas supply shortages.

Feasibility studies are under way, and AGL plans to invest A$250 million (US$ 197 million) in the project and start construction in 2019, with the aim of beginning operations in 2020-2021.

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