DUKE ENERGY INTERCONNECTS SOUTH-EAST AUSTRALIA
The project involved the interconnection of the Eastern Gas Pipeline, Tasmanian Gas Pipeline and the GasNet transmission system near
Duke Energy International Managing Director Julie Dill said VicHub provided a new and reliable channel for customers, primarily gas retailers, to source or sell additional gas.
“VicHub allows gas to be bought and sold across regions and enables gas users and retailers to optimise their physical and contractual positions, where previously it was not easy or efficient to facilitate the movement of tranches of gas due to infrastructure and market constraints,” she said.
“VicHub is changing the landscape of the Australian gas market by enhancing competition, choice and liquidity. It represents an innovative approach to mitigating physical and financial risks.”
Duke Energy International (DEI), a wholly owned subsidiary of Duke Energy, is one of the world’s leading international energy companies offering energy marketing, risk management, natural gas and power development expertise and operations services across
Duke Energy is a diversified multinational energy company with an integrated network of energy assets and expertise. The company manages a dynamic portfolio of natural gas and electric supply, delivery and trading businesses – meeting the energy needs of customers throughout