Trading giants back Australia’s LNG regas project
Two consortia comprising Vitol and Mitsui have come on board Viva Energy’s Geelong regasification programme. The scheme targets the use of regasified LNG to fill gas supply gaps emerging in Victoria and New South Wales
The project from Viva Energy is aiming for a final investment decision by mid-2022, when the company expects to secure binding commitments on capacity, ownership and offtake from the partners