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I wonder how much gas is available to supply equivalent of an...

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ravishankaray

11,084 Posts.

21/04/15

16:42

Post #: 15128207
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Originally posted by O&GInvestor ↑

Thanks for sharing justinmetals, the white paper has some good info, especially this from Page 2:

In gas, demand has increased from Australia’s rapidly growing exports of liquefied natural gas, bringing revenue and growing jobs in regional communities, including opportunities for Indigenous Australians.
Gas supply on Australia’s east coast is tightening and this is not helped by unnecessary policy barriers imposed by some states on new onshore production.
The Australian Government will continue to lead work through the COAG Energy Council to address this problem. Demand for gas exports is pushing up local gas prices towards the international price, affecting both our industries and households. Responding to this challenge requires a cohesive approach that includes:

increasing supply

ensuring there is adequate competition and transparency in the gas market

encouraging more flexible trading arrangements.

The Australian Government does not support reserving gas for domestic use. Reservation will have the perverse effect of discouraging needed investment in new production. The Australian Competition and Consumer Commission will look at the effectiveness of competition in the gas market, particularly upstream.

Would be interesting to see too if CTP could tap into the following from Page 4:
ENTREPRENEURS’ INFRASTRUCTURE PROGRAMME
$484.2 million Entrepreneurs’ Infrastructure Programme, which will provide Australian companies with structural and strategic support to capitalise on growth opportunities.

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I wonder how much gas is available to supply equivalent of an extra 4 or 5 States worth of LNG for export ?

With no domestic preservation, how long will our gas last if selling for overseas consumption?
CTP Price at posting: 14.0¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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I wonder how much gas is available to supply equivalent of an...

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I wonder how much gas is available to supply equivalent of an...

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