Dec 7 (Reuters) - Viva Energy Group Ltd VEA.AX :
* UPDATE ON ITS PROJECT TO DEVELOP LNG REGASIFICATION TERMINAL AT SITE OF ITS GEELONG REFINERY
* EXPRESSIONS OF INTEREST PROCESS CONDUCTED BY CO TO SEEK PROPOSALS FROM COMMERCIAL PARTIES TO PARTNER ALONGSIDE VIVA ENERGY
* HAS SELECTED & ENTERED MOUS WITH 2 PARTNERS IN RELATION TO DEVELOPMENT OF PROJECT AND RELATED CAPACITY IN TERMINAL
* PARTNERS COMPRISE 2 CONSORTIUMS, BEING PARTNERSHIP BETWEEN ENGIE AUSTRALIA & NEW ZEALAND AND MITSUI & CO, 2ND BETWEEN VITOL AND VTTI
* ON CURRENT SCHEDULED TIMEFRAME, FINAL INVESTMENT DECISION COULD BE TAKEN BY MID-2022, WITH GAS SUPPLY IN 2024