Energy giant AGL has formally withdrawn its plan to build a liquefied natural gas (LNG) import terminal in Melbourne just weeks after the Victorian Labor government rejected the company’s proposal. “The Victorian Minister for Planning found AGL’s proposed project to have unacceptable environmental effects,” an AGL spokeswoman said in a statement. “As a result, AGL has taken the step of withdrawing the works approval application while it considers its options.” Notice of AGL’s withdrawal emerged on April 15 after the company notified Victoria’s Environmental Protection Authority of its decision on April 9. While AGL maintains the Crib Point facility in Melbourne’s Western Port is necessary to meet a potential gas shortfall in Victoria by 2024, Victorian Planning Minister Richard Wynne said the project would instead have “unacceptable impacts” in the area, including Ramsar wetlands. “This has been an exhaustive, open, and transparent process and this is the right outcome for the …