I've moved this discussion across to the Gas Import Jetty group.
We understand there are concerns in the community about the impact of this project on the ecosystem of the bay. We are in a difficult position because our customers area also going to be very concerned if we don’t supply them with gas.
While the studies completed to date in the preliminary assessments demonstrate that the impacts to the environment associated with this project will have minimal impact on the environment, an in-depth investigation is being undertaken as part of the Environmental Effects Statement. This was a requirement from the Victorian Government, predominantly because of community concerns around the environmental impact. We will follow all assessment requirements deemed necessary by the government and regulatory bodies and are willing to be held to these standards. The Minister for Planning will decide on the suitability of the project.
As the EES process is the most rigorous avenue for obtaining government approvals, without the Minister for Planning’s assessment that the project would have an acceptable level of environmental effects, AGL would not be able to pursue the project.
To even consider this project, we must plan for any possible failures (the worst-case scenarios) assuming they could happen no matter how unlikely.
Multiple bodies will oversee our conduct and management of risks in the approvals stage and, if it succeeds, during its operation. Appropriate checks will be in place and we will be required to monitor changes in the environment and respond accordingly.
This project will be subject to oversight and regulation by numerous regulators and government agencies, including:
The project also must adhere to several legislative requirements, including:
AGL has yet to make a final decision to fully fund the proposed project. We will follow all assessment requirements deemed necessary by the government and regulatory bodies and are willing to be held to these standards