AGL announces suspension of application for Camden Expansion

AGL Energy Limited (AGL) has requested that the New South Wales Department of Planning & Infrastructure suspend its assessment of the proposed Northern Expansion of the Camden Gas Project. This includes postponing the PAC public hearing, currently scheduled for 25 February 2013.

Group General Manager Upstream Gas, Mike Moraza, said: "AGL understands that there are some members of the community who are concerned about the current proposal and we believe that this suspension will allow us to consider those community concerns."

The proposed Northern Expansion Project has the potential to contribute to the supply of natural gas to approximately 580,000 New South Wales households. It would reduce the reliance on gas supplies from interstate which will be required to alleviate future gas supply shortages.

The existing operations at Camden have been producing coal seam gas since 2001, and currently provides approximately five percent of the State's natural gas needs.

About AGL

AGL is one of Australia's leading integrated renewable energy companies and is taking action toward creating a sustainable energy future for our investors, communities and customers. Drawing on 175 years of experience, AGL operates retail and merchant energy businesses, power generation assets and an upstream gas portfolio. AGL has one of Australia's largest retail energy and dual fuel customer bases. AGL has a diverse power generation portfolio including base, peaking and intermediate generation plants, spread across traditional thermal generation as well as renewable sources including hydro, wind, landfill gas and biomass. AGL is Australia's largest private owner and operator of renewable energy assets and is looking to further expand this position by exploring a suite of low emission and renewable energy generation development opportunities.