AGL Energy Limited (AGL) has announced that the company expects first gas to be delivered from the proposed AGL Gas Import Jetty at Crib Point in Victoria in the second half of FY22. AGL had previously indicated first gas could potentially be delivered during FY21.
Confirmation of this timetable follows AGL’s decision this week to select the Hoegh Esperanza as the floating storage and regasification unit (FSRU) for the Crib Point project, as opposed to the Hoegh Giant as communicated in December 2018.
AGL believes the Esperanza better fits timing and operational requirements arising from the Environment Effects Statement (EES) process currently being undertaken by the Victorian Government. The Hoegh Esperanza has a later delivery window than the Hoegh Giant.
AGL expects the outcome of the EES to occur no earlier than late FY20, subject to and following which AGL expects to reach a final investment decision on the Crib Point project.
AGL and APA jointly propose to establish a gas import jetty at Crib Point and construct a pipeline from Crib Point to connect the jetty to the gas transmission network at Pakenham.
The proposal includes:
- Mooring of a floating gas storage and regasification unit (FSRU) at the existing Crib Point jetty, with capacity to convert liquid natural gas (LNG) to its gaseous state (regasify it)
- Construction of new jetty facilities to enable regasified natural gas to be transferred from the FSRU to a new receiving facility at the landward end of the jetty
- Construction of the receiving facility providing for odorising of the gas
- Construction of a 56 kilometre high-pressure gas pipeline from the receiving facility to Pakenham
- Construction of a facility to enable connection of gas delivered by the new pipeline to the existing gas transmission network, including capacity to correct pressure and ensure delivered gas meets system specifications.