Australia's APA Group Inks Third Gas Transportation Deal
APA Group, Australia’s largest natural gas infrastructure business, has further expanded Victorian – New South Wales interconnect following an extension to its gas transportation agreement with Lumo Energy.
The new arrangement with Lumo Energy is for a term of five and a half years, providing a revised suite of services from Victoria through to Sydney using APA’s Victorian Transmission System and Moomba to Sydney Pipeline, APA said in a statement Monday.
This is the third gas transportation agreement APA has entered into in the last two months to transport Victorian gas into New South Wales.
This is in addition to the expansions required for Origin Energy, announced on 26 September 2013, and Energy Australia, announced on 23 October 2013.
The aggregate effect of the three expansions will be to increase firm peak winter gas flow capacity from the Victorian Transmission System into the Moomba Sydney Pipeline System by 145 per cent. All three expansions will commence this year and be completed by winter 2015.
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