Outer Harbor LNG Project
Stage 1 of the project consists of a new LNG import terminal at Outer Harbor, approximately 14 kilometres from South Australia’s capital, Adelaide. The project received construction approval from the South Australian government in December, 2021.
We are currently seeking expressions of interest for suitable suppliers for our Outer Harbor Project.
Gas project components
LNG IMPORT TERMINAL
2 new wharves
Situated at berths 9 and 10 within Outer Harbor
LNG BERTHING FACILITY
Floating Storage and Regasification Unit (FSRU) up to 160 Petajoule p.a. capacity
Cryogenic pipeline transfer system
Nitrogen injection facilities on-site
LNG stored on a FSRU
FSRU with approximately 150,000 cubic metre capacity
GAS NETWORK CONNECTION
Connects directly into the state’s gas network;
Moomba to Adelaide Pipeline System (MAPS) and South-East Australia pipeline (SEAGAS) within 600m of LNG terminal
GAS SUPPLY AND SALES
Foundation gas customers will source their own LNG
The floating terminal will operate as a take-or-pay tolling facility
Delivery of completed project is expected to cost up to AUD$200M
Construction approval granted December 2021
Construction commences from H2 2022
350 jobs during construction
FTE jobs during construction
Approvals and engagement process
Following the awarding of Crown Sponsorship to the project by the South Australian State Government, Venice Energy lodged a Development Application to the State Commission Assessment Panel (SCAP) and construction approval was granted in December 2021. The Development Application was informed by outcomes of a series of specialist studies and stakeholder engagement. Stakeholder engagement will continue throughout the establishment of the project.
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What is LNG?
Liquified Natural Gas (LNG) is natural gas that has been converted to a liquid form for ease of use and transport. Liquefying natural gas reduces the volume it occupies by more than 600 times, making it a practical size for storage and transportation in purpose-built tankers.
LNG is widely recognised as a clean, safe and convenient form of energy, which can be readily supplied to distant markets. As such, the number of LNG terminals, notably small-to-medium-scale, is increasing around the world with more than 280 million tons traded annually, transported by a global fleet of more than 230 tankers.
The safety record of the industry is outstanding, due to strict regimes and standards around the transportation and storage of LNG. Venice Energy will conduct a full and suitably rigorous risk assessment, as well as comply with existing international standards and best practice.
The LNG industry is attracting significant new project investment providing major benefits in the form of long-term employment, economic development, reduced emissions and increased government revenues.