Pretty easy to jump to conclusions at this point with all the goings on.
I believe the State Government will reinforce their standing to domestic gas supply and probably set up a better compliance vehicle to monitor and regulate.
I also believe that the State Government have NO choice other than to allow the export of surplus gas and that is the question at play.
Industry saying there will not be surplus gas unless export rights are allowed as investment will not be forthcoming, so we have to have a compromise and that I believe is what will happen.
The government may hedge there bets with an assurance of export rights will be available but this will be dependent on domestic gas supply being suffient.
So bit of give is going to required by both Government & Industry but export rights will be allowed once domgas is secured.
We Have the gas and the present government are taking steps to speed up project developments through a better and faster regulatory process and this has been well reported.
No one is in this to fail and no one will fail and gas will be produced and gas will continue to supply the state & nation and it will continue to supply the globe and as the PB expands and develops its resources we will all be winners and this will happen.
My opinion
GLAH
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