APA Group launches east coast gas pipeline expansion to avoid ‘disastrous’ LNG imports

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APA Group launches east coast gas pipeline expansion to avoid ‘disastrous’ LNG imports

Pipeline company APA Group is expanding its gas network to ship 24 per cent more gas from northern Australia to the east coast to counter a looming shortage that has Victoria considering “disastrous” LNG imports.

APA will spend an initial $71 million on the five-year expansion to enhance the grid in the short term and start early-stage works on three later stages that will add significantly more transport and storage capacity from 2028.

The group said the plan would ensure there was sufficient capacity to supply domestic gas to NSW and Victoria out to 2032, avoiding forecast shortages.

Chief executive Adam Watson said the expansion was critical to giving Australia energy security and enabling it to transition to cleaner fuels while supporting a “more affordable and lower emissions energy system”.

“These investments will help the *********** economy avoid the disastrous option of importing higher cost, higher emissions LNG,” Mr Watson said.

More to come.

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