Tasmanian Gas Pipeline
TGP is a 734 kilometre, subsea and onshore pipeline from the Longford compressor station in Victoria to Bell Bay in Hobart and Port Latta in Tasmania. TGP is the only source of natural gas for the Tasmanian market.
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Description |
Natural gas transmission pipeline |
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Asset Class |
Energy Transmission & Distribution |
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Location |
Victoria and Tasmania, Australia |
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Acquired |
August 2007 |
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BBI % Ownership |
100% |
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Regulatory Environment |
Not covered under the National Gas Code. Tariffs are negotiated on a ccommercial basis under a non‑discriminatory access policy. |
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Customer Base |
Major end users of the pipeline include power stations, residential customers, small to medium commercial and other industrial customers. |
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Asset Age & Condition |
The pipeline was commissioned in 2002 and has a current capacity of 47 petajoules per annum. |
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Capacity / Utilisation |
Capacity is not currently fully utilised with significant ability to increase throughput without additional major capital expenditure. Capacity is approximately 130 TJ/day. |
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Key Drivers |
Increased demand for gas, particularly from gas-fired electricity generators and the roll out of the gas reticulation system in Tasmania linking residential, commercial and industrial customers to TGP. | |
See the ASX Announcements, Presentations and Related Sites section of this website for more information on this asset.