the lng giant also stirs

AAP 11:48:00 3291 11/03/2008 Reforms needed to make gas projects a reality - APPEA

AAP News
11:48:020 11/03/2008

PERTH, March 11 AAP - Policy and fiscal reforms are needed to bring large natural gas projects off the drawing board and into reality, says the upstream natural gas sector's peak industry association.
"And we need to give gas a level playing field as a fuel for domestic power generation," Australian Petroleum Production and Exploration Association (APPEA) chief executive Belinda Robinson said in a statement today.
APPEA has long maintained that Australia's vast reserves of clean, natural gas are the key to meeting the nation's energy needs while reducing greenhouse gas emissions and maintaining economic wellbeing.
"We must all think about how we can tailor Australia's response to its strategic national strength - its natural gas reserves," Ms Robinson said.
"The Australian natural gas industry could help avoid 180 million tonnes of global greenhouse gas emissions a year by 2017 if we meet our aspirational production targets for LNG (liquefied natural gas) and domestic gas - this is equivalent to 25 per cent of forecast Australian emissions in 2017."
The APPEA Council is meeting in Canberra on Thursday to consider a range of policy matters.
AAP rlm/klm