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Venice Energy to conduct a study for proposed LNG terminal
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Outer Harbor Project secures leading LNG shipping partner
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GasLog, Venice Energy ink FSRU pact
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South Australian-based Venice Energy has finalised selection of a preferred supplier of an FSRU for its Outer Harbor Project in the Port of Adelaide.
The FSRU is a crucial component of the proposed LNG import facility at Outer Harbor which will improve and diversify local gas supplies, especially during peak periods and help underpin South Australia’s world leading renewables sector by providing firm, dispatchable energy as the state progresses towards further decarbonisation of its energy landscape.
The company launched its FSRU tender in December last year and received offers of participation from six of the world’s leading FSRU/LNG shipping companies. Three detailed offers were short-listed in early March 2021.
Venice Energy advances LNG import terminal in Australia
May 5, 2021 1:57:pm
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by: Daniel Graeber
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Venice Energy advances LNG import terminal in Australia
South Australian-based Venice Energy said May 5 the selection of a preferred supplier for its FSRU at an LNG project in Adelaide sets it up for a final investment decision by year’s end.
The company launched a tender for the floating storage and regasification unit (FSRU) in December, vetting offers from six different shipping companies. Three of those were short-listed in March.
Without providing a name, managing director Kym Winter-Dewhirst said Venice was now starting to formalise an agreement “with a leading global independent LNG shipowner and operator from Europe.”