We’ve looked at the options for increasing gas supplies and that’s why we’re looking into transporting Liquefied Natural Gas (LNG) from interstate and overseas, receiving it at an import jetty and injecting it into the pipeline transportation system to serve homes and workplaces in south-eastern Australia. After assessing sites in NSW, SA and Victoria, Crib Point has been identified as our preferred option.
If AGL imports gas from interstate and overseas it will help Australian gas users by:
- Making gas supply more certain for domestic customers;
- Introducing price competition and help put downward pressure on wholesale gas prices, which should benefit Australian consumers;
- Allowing gas from Western Australia and the Northern Territory to be imported to the east-coast gas market, as these regions are not connected by pipelines; and
- Reducing the urgency to open up more gas fields in Australia.