Exclusivity agreement reached on South Australian LNG terminal

South Australian energy infrastructure developer, Venice Energy and one of Australia’s leading energy providers, Origin Energy (Origin), have agreed on a structural framework that will underwrite the commercial viability of the Outer Harbor LNG import terminal to be built at Port Adelaide, Australia.

The agreement comes 18-months after the project was approved by the South Australian Government and will see Origin become the single user of the terminal for a minimum of 10-years, with further extension options available.

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