AGL today officially opened the $310 million Newcastle Gas Storage Facility which will improve the security of supply for hundreds of thousands of gas users in NSW.
AGL Managing Director & CEO Andy Vesey and NSW Parliamentary Secretary for the Hunter and Central Coast, the Hon. Scot MacDonald, on behalf of Minister for Industry, Resources and Energy, the Hon. Anthony Roberts, were on site at Tomago to open the facility which has been under construction since August 2012.
"It’s a vital asset for the Hunter region and will be used to support gas supplies during times of peak winter demand and if there is a major disruption to NSW gas supplies." Mr Vesey noted.
The storage tank at the facility stands 40m high with a capacity of 30,000 tonnes or 1.5 petajoules of liquefied natural gas. The construction of the facility is estimated to have added $144 million, directly and indirectly, to the regional economy between 2012 and 2015.
Watch a time-lapse of the construction below: