Viva Energy believes Geelong in Victoria is well posited for the company to establish a liquefied natural gas (LNG) import, supply and storage facility.
The company expects the project would bring natural gas from other parts of Australia and abroad to Victoria, with the virtual pipeline increasing diversity and competition of gas supply.
Viva is confident that the LNG facility will further improve capability to meet peak demand and potentially support an entry into the local gas markets.
Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.