In your technical reports catastrophic bay-wide risks were not considered. Can you guarantee there will be no damage to the internationally significant Ramsar-listed wetlands of Westernport Bay?
We understand there are concerns in the community about the impact of this project on the whole 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. It is likely that any impact considered ‘catastrophic’ in likelihood and outcome would prevent a project like ours from going ahead.
To even consider this project, we must plan for any possible failures (the worst-case scenarios) assuming they could happen no matter how unlikely.
As our Chairman stated at the 2018 AGM that: ‘Until this company and all companies can get to a position where they have zero incidents in environmental safety or whatever they're not doing a good enough job. ‘
There are serious and legitimate concerns with a project like this, such as damage to the wetlands, safety concerns around explosions and any risk of accidental spills. The EES will need to demonstrate whether these can be addressed and mitigated effectively.
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.
The FSRU and visiting LNG carriers 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.