+61 3 9132 9849 info@veniceenergy.com

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. 

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 STORAGE
LNG stored on a FSRU
FSRU with approximately 150,000 cubic metre capacity
Chartered internationally

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

PROJECT COSTS
Delivery of completed project is expected to cost up to AUD$200M

Project Schedule

GOVERNMENT APPROVALS
Q1-Q2 2021

CONSTRUCTION
Q1-Q2 2021
350 jobs during construction

COMMISSIONING
Q3 2022
50 FTEs

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 has lodged a Development Application to the State Commission Assessment Panel (SCAP) for consideration. The Development Application has been informed by outcomes of a series of specialist studies and stakeholder engagement.

A final outcome from SCAP is expected in early 2021.

Our activities are as follows:

Completed:

  • Site selection study (2017)
  • Approvals Pathway Assessment (2017)
  • Stakeholder and Reputation Management Strategy (2018)
  • Engaged Department of Planning, Transport and Infrastructure and other regulatory agencies (2018-2020)
  • Full range of specialist studies to determine project impacts (2020)
  • Submit Section 49 Sponsorship application to Government, with Sponsorship granted (2020)
  • Stakeholder engagement (2020)
  • Lodge Stage 1 Development Application with State Commission Assessment Panel (2020)

Key tasks currently underway:

  • Ongoing stakeholder engagement, including response to public’s written submissions, as part of Development Application (2020)

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.