The Australian federal government has released the National Gas Infrastructure Plan (NGIP) and the Future Gas Infrastructure Investment Framework, which shows that gas supplies are likely to fall short of domestic and export demand by 2030 if timely investments by industry to develop new gas supplies and associated infrastructure are not taken.
The 2021 NGIP outlines a blueprint for ensuring demand for Australian gas can be met through strategic expansions to existing pipeline and storage capacity and the construction of new pipeline routes and storage infrastructure.
If approved, the Viva Energy proposed gas terminal in Geelong will provide an important source of gas for Victoria ahead of these projected shortages, helping to deliver adequate gas supply to meet the needs of businesses and households well into the future.
For more information visit www.vivaenergy.com.au
