Skip to main content

Vopak studies LNG import terminal feasibility

Published by , Editorial Assistant
Tanks and Terminals,


Vopak LNG, which already partners in four liquefied natural gas (LNG) storage facilities globally, is investigating the feasibility of developing a similar facility in Port Phillip Bay offshore at North Avalon, Victoria, Australia. This infrastructure can play an important role in solving Victoria's looming gas supply crisis.

A floating storage regasification unit (FSRU) terminal can supply the gas needs of households, businesses, and industry throughout Victoria as the nation transitions to renewable energy.

Several existing gas market participants have signed MOU’s in support of the project development.

Read the article online at: https://www.tanksterminals.com/terminals/19032021/vopak-studies-lng-import-terminal-feasibility/

You might also like

Hydrocarbon Engineering podcast

Hydrocarbon Engineering Podcast

Peter Davidson, CEO of the Tank Storage Association (TSA), joins us to discuss the essential role that the tank storage sector has to play in ensuring supply security and resilience, as well as in facilitating the energy transition.

Listen for free today »

 
 
 

Embed article link: (copy the HTML code below):