LNG

Australian developer Viva Energy has received federal environmental approval for its proposed floating LNG import terminal at Geelong, deemed vital to offset declining domestic gas production in Victoria.

Woodside, the operator of two liquefied natural gas export plants in Western Australia, has signed an accord which could enable Woodside to supply LNG to the East Coast market through Viva Energy’s proposed regasification terminal at Geelong in the southern state of Victoria.