PEP-11 Media Release, page-69

16. Generally shareholders and potential investors of PEP-11, feel completely duped and

deceived with the loss of transparency in the Australian Government’s actions. How can

the Minister of Resources openly state his enthusiasm for the project only to be

undermined by the Prime Minister with his so called extraordinary ministerial powers.

There is no date in the Governor-General’s diary of this event happening and another

political challenge going on as at 21 August 2022 about this omission.

17. Even though PEP-11 is not for a permanent gas rig or exploration well, a rig would be

present for the initial exploration perhaps 30-60 days depending on the target depth and

work over after that would be sub-sea with a pipe to the onshore facility. Research shows

that currently we have 23 offshore oil and gas platforms alone in Bass Strait that been

environmentally incident free in their history. Where is there a precedent for an

environmental gas disaster in Australia? Despite research, we cannot find one.

Australian’s have all benefited from Bass Strait in the last 30 years, what is the problem in

approving the petroleum exploration permit for Advent Energy – PEP 11.e

18. Natural gas has been deemed green in 2022 in the European Union in its categorisation

of sustainable sources of energy.

19. The Ukraine/Russia war has caused a need for Australia’s gas, to prevent funding of the

Russian war machine. https://www.bloomberg.com/news/articles/2022-08-16/uk-to-importrare-

australian-gas-cargo-as-energy-crisis-builds “UK to Import Rare Australian Gas Cargo in

Latest Sign of Desperation”.

20. Australia is the world’s 20th largest consumer of energy and 15th in terms of per capita

energy use. The reality Australia faces is formulating and accepting a transition plan to

renewables which in reality is a 30–50-year plan with time required to build infrastructure

and supply capacity along with funding the new infrastructure costs.