Short-term critical gas adequacy conditions include: - Extreme...

Short-term critical gas adequacy conditions include:

- Extreme weather conditions across southern regions that drive high
coincident peak demand for gas consumption may lead to gas shortfalls,
particularly if combined with high gas generation (if alternative electricity
generation resources are unavailable).

- Peak day gas shortfall risks would increase if committed infrastructure
developments to reduce transmission constraints were not delivered to
schedule.

The GSOO report confirms:

- Production (from existing sources) is projected to decline significantly
with much of the decline occurring in the Gippsland Basin (Victoria).

- New sources of gas supply will be needed.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/8X1L64UL



About BPH Energy Limited:
BPH Energy Limited (ASX:BPH) is an Australian Securities Exchange listed
company developing biomedical research and technologies within Australian
Universities and Hospital Institutes.

The company provides early stage funding, project management and
commercialisation strategies for a direct collaboration, a spin out company or
to secure a license.

BPH provides funding for commercial strategies for proof of concept, research
and product development, whilst the institutional partner provides
infrastructure and the core scientific expertise.

BPH currently partners with several academic institutions including The Harry
Perkins Institute for Medical Research and Swinburne University of Technology
(SUT).



Source:
BPH Energy Limited

Contact
David Breeze
[email protected]
www.bphenergy.com.au
T: +61 8 9328 8366