The Victorian government is making strategic moves to secure the state’s energy supply by greenlighting a significant gas project. Planning Minister Sonya Kilkenny has given the green light to a proposed floating gas terminal off the coast of Geelong, part of the ambitious Viva Energy Gas Import Terminal Project.
This decision comes at a crucial time as Victoria braces for an impending gas shortage predicted to hit by 2029. The approval paves the way for the construction of a liquefied natural gas (LNG) storage ship in Corio Bay, along with seven kilometers of new pipeline connections to bolster the existing gas network.
While the project aims to address looming energy shortfalls, it has faced strong opposition from local communities and environmental groups concerned about its potential impact. Despite these challenges, proponents argue that ensuring uninterrupted gas supply is vital for households relying on this resource for daily necessities like cooking and heating.
In response to criticisms, Minister Kilkenny emphasized that careful environmental management practices and mitigation measures would be put in place to address any potential adverse effects. She highlighted that if successful, the terminal could cater to a significant portion of Victoria’s gas consumption needs, offering much-needed stability in supply.
Viva Energy’s Chief Strategy Officer, Lachlan Pfeiffer, underlined the project’s importance in supporting renewable energy initiatives as traditional energy sources phase out. He explained how the terminal’s flexibility allows for scaling up supplies during peak demand periods, guaranteeing a reliable energy source year-round.
Looking ahead, Viva Energy aims to solidify partnerships with key players in the gas market to strengthen their business case and finalize plans for construction commencement. The two-year construction timeline underscores the urgency of addressing Victoria’s energy challenges promptly.
With Bass Strait reserves dwindling and an anticipated shortfall looming on the horizon, stakeholders view this project as a critical solution to prevent an energy crisis. Mr. Pfeiffer previously stated that this terminal represents one of few viable options capable of meeting Victoria’s escalating energy demands within tight timelines.
However, not everyone is pleased with this development. Local residents and environmental activists have raised concerns about noise levels and pollution risks associated with locating such infrastructure close to residential areas. The Victorian Greens party has been particularly vocal in opposing government support for the project.
Deputy Victorian Greens leader Sarah Mansfield criticized what she perceived as a disregard for community welfare and environmental preservation in approving the terminal near Geelong shores. This sentiment reflects wider apprehensions about balancing economic growth with ecological sustainability—a recurring challenge in large-scale infrastructure projects.
As debates continue over trade-offs between energy security and environmental impact mitigation efforts must remain central throughout the project lifecycle—underscoring both regulatory requirements and ethical responsibilities towards communities living near such developments.
