Viva Energy Group Ltd. · ASX:VEA
Viva Energy — Corporate Update (March 2022)
17 slides from Viva Energy's corporate update, March 2022
Slide 1: The facts about LNG safety
GAS TERMINAL PROJECT The facts about LNG safety
Slide 2: Commitment to Safety
Commitment to Safety Viva Energy is committed to the safety of the local community, and we will not proceed with the gas terminal unless we are confident that it will be safe. LNG receiving terminals and LNG shipping have a very safe history of operations around the world. We recognise that there ar
Slide 3: Converting natural gas to LNG is one of the safest ways to transport energy
FACT Converting natural gas to LNG is one of the safest ways to transport energy. • LNG is stored and transported inside steel double-walled or ‘double-hull’ containers to keep it cold and to reduce the risk of a leak. • While LNG is classified as a hazardous material, it is transported and stored a
Slide 4: Corio Bay is a safe and suitable location for an LNG import facility
FACT Corio Bay, adjacent to the Geelong Refinery, is a safe and suitable location for a liquefied natural gas import facility. • Viva Energy’s Geelong Refinery has been operating safely since 1957 in an industrial area and Port, and plays an important role in ensuring Victorians have the energy they
Slide 5: The proposed FSRU is a relatively simple operation
FACT The proposed FSRU (floating storage and New pipeline to take the gas to the Victorian Transmission regasification unit) System (underground section) is a relatively simple operation, which will not have a major environmental or operating footprint. Floating Gas Extension of the Terminal moored
Slide 6: LNG terminal will be built to meet or exceed codes and standards
FACT Viva Energy’s LNG terminal will be built to meet or exceed government and industry codes and standards to ensure the safety of the public and our employees throughout the life of the facility. • The LNG terminal operation is subject to federal, state and local standards, codes and safety regula
Slide 7: More than 30 floating storage terminals operate safely worldwide
FACT Regasification terminals across More than 30 floating Europe, China Europe and Japan storage terminals operate safely around the world, including in close proximity to cities and residential areas. • Gas receiving terminals have operated for decades near populated areas without a serious accide
Slide 8: Safety, hazard and risk assessments show the terminal can be operated safely
FACT The safety, hazard and risk assessments carried out to date show that the gas terminal including LNG shipping operations, can be operated safely. A range of studies, analysis and assessments are being completed by safety and risk experts as part of the project planning and design. This work is
Slide 9: Quantitative Risk Assessment results for the FSRU and shipping channel
Quantitative Risk Assessment results FACT for the FSRU and the shipping channel Modelling of safety risk (Quantitative Risk Assessment) found that even in Corio Bay a major accident at the floating gas terminal, the ‘worst case’ safety risk Geelong is localised to the area around the Refinery FSRU &
Slide 10: Thermal radiation mapping
Thermal radiation Geelong FACT mapping Refinery Refinery The floating gas Pier Corio Bay terminal (FSRU) is designed for safe operation – and studies show that even in the FSRU & unlikely event of a LNG ship major accident, there would be no risk to Industrial/ the safety of local Commercial residen
Slide 11: Facts about LNG shipping safety
Facts about LNG shipping safety
Slide 12: LNG carriers are modern ships designed to prevent leakage or rupture
FACT LNG carriers are modern ships specially designed and constructed to prevent leakage or rupture. LNG has been safely shipped worldwide for over 60 years. LNG is carried by ship as a very cold liquid. Cooling the gas to very low temperatures, rather than pressurising it, means that it is not flam
Slide 13: Restrictions and safeguards will be in place for safe shipping in Corio Bay
FACT Restrictions and safeguards will be in place to ensure safe shipping in Corio Bay. LNG ships will be escorted by up to four tugboats based on Ports Victoria requirements for safe navigation of the shipping channel and berthing requirements. An experienced marine pilot will board the ship and gu
Slide 14: Only high quality, modern ships with a good safety record will be used
FACT Only high quality, modern ships with a good safety record will be used in Corio Bay. Strict vetting procedures will ensure that only high quality, modern ships with a good safety record can access the terminal. All ships used by Viva Energy are inspected prior to being chartered to ensure they
Slide 15: A major LNG shipping incident would not present a safety risk to residents
FACT An accident which led to a major LNG shipping incident would not present a safety risk to local residents. All efforts are focused on mitigating the risk of an incident occurring. View Shipping Safety Fact Sheet LNG ships will be around 250 metres from the nearest residential areas as they tran
Slide 16: Australia is a low-risk security environment
FACT Australia is overall a low-risk security environment and a very safe place to do business. Security measures currently deployed at the Geelong Refinery and Refinery Pier will be extended to the new gas terminal. An independent security risk and vulnerability assessment has been carried out, and
Slide 17: Contact details
vivaenergy.com.au/gas-terminal facebook.com/geelongenergyhub energyhub@vivaenergy.com.au