Vintage completes 2nd phase of the Vali gas project
Sydney-listed Vintage Energy has completed the second of four operational phases to bring the Vali gas field in Queensland into production, it said on August 18.
The well completion campaign announced in July has concluded with the four wells; Vali-1 ST1, Vali-2, Vali-3 and Odin-1 set up for gas production. The first gas from the project is expected in October this year.
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“Our focus now shifts to pipeline installation and facilities construction. Fabrication is underway and we look forward to receipt of major equipment items in the coming months around which we will take the project to completion. Subject to these deliveries, we remain on track for first gas in October,” Vintage managing director, Neil Gibbins said.
Vintage and the ATP 2021 joint venture are bringing the Vali gas field into production to provide a new source of gas for eastern Australia. Vali will supply AGL under a gas sales agreement announced in March this year for the supply of an estimated 9 petajoules to 16 petajoules in the period to end-2026.