Viva enters commercial agreement with GeelongPort for gas terminal
July 27, 2022
Viva Energy, operator of the Geelong oil refinery in Geelong, west of Melbourne in Victoria, has entered into commercial agreements with GeelongPort for construction and provision of pier and berthing infrastructure for Viva’s proposed gas terminal in the Port of Geelong.
The agreement involves an extension of the existing pier to provide an additional berth for the permanently moored floating storage and regasification unit (FSRU) that will receive LNG imports from visiting carriers.
GeelongPort will construct the pier extension and license the pier to Viva, while Viva will construct the related infrastructure, including a gas pipeline and treatment plant to enable the supply of gas into the Victorian gas distribution network.
The agreement provides a pathway to construction and delivery of the necessary infrastructure underpinning the proposed project.
Construction timing remains subject to satisfaction of conditions, including Viva making a final investment decision and the Victorian government’s environmental assessment of the project.
