Ann: Bell Potter Unearthed Presentation, page-61

I replied to this and it has somehow disappeared So here goes again.

No he didn't. I recall a poster pointing out on the domgas policy thread that towards the end of submission by Chambers of Minerals and Energy WA - https://players.brightcove.net/6193427228001/default_default/index.html?videoId=6341136158112 (around 32:00), the committee requested further information about how the govt can better enforce the adherence of reservation policy because some of the existing offshore producers aren't really adhering to the spirit of the existing policy. The chair then goes on to mention that the committee is not tabling till March. So it shouldn't be too far away.

Based on press coverage and market chatters, it would seem a policy change is coming. The consensus seems to be be around a policy that allows export for x number of years to help underpin the upfront capex, then domestic market deficit will take full precedence (to be shared across all onshore producers) even if it means all onshore gas have to go into the domestic market. This makes a lot of sense as it is essentially using foreign capital to help fund the infrastructure necessary to address the forecasted deficit towards the latter part of this decade.

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