Gas producers will meet forecast surge in gas demand

Recent articles


Tweets

18 October 17, 11:12am National Energy Guarantee: new approach could cut emissions w/out crudely picking winners or risking #energysecurity https://t.co/I1Wdr4Crcn
array(24) { ["created_at"]=> string(30) "Wed Oct 18 01:12:25 +0000 2017" ["id"]=> int(920457505930584065) ["id_str"]=> string(18) "920457505930584065" ["text"]=> string(271) "National Energy Guarantee: new approach could cut emissions w/out crudely picking winners or risking #energysecurity https://t.co/I1Wdr4Crcn" ["truncated"]=> bool(false) ["entities"]=> array(4) { ["hashtags"]=> array(1) { [0]=> array(2) { ["text"]=> string(14) "energysecurity" ["indices"]=> array(2) { [0]=> int(101) [1]=> int(116) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/I1Wdr4Crcn" ["expanded_url"]=> string(58) "https://www.appea.com.au/media_release/neg-a-step-forward/" ["display_url"]=> string(30) "appea.com.au/media_release/…" ["indices"]=> array(2) { [0]=> int(117) [1]=> int(140) } } } } ["source"]=> string(66) "Twitter Web Client" ["in_reply_to_status_id"]=> NULL ["in_reply_to_status_id_str"]=> NULL ["in_reply_to_user_id"]=> NULL ["in_reply_to_user_id_str"]=> NULL ["in_reply_to_screen_name"]=> NULL ["user"]=> string(8) "APPEALtd" ["geo"]=> NULL ["coordinates"]=> NULL ["place"]=> NULL ["contributors"]=> NULL ["is_quote_status"]=> bool(false) ["retweet_count"]=> int(3) ["favorite_count"]=> int(1) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
13 October 17, 6:35am Chevron halts Bight exploration. In tough times, investment to develop Australian energy can’t be taken for granted https://t.co/pBIFVuhiOg
array(24) { ["created_at"]=> string(30) "Thu Oct 12 20:35:51 +0000 2017" ["id"]=> int(918575965197934592) ["id_str"]=> string(18) "918575965197934592" ["text"]=> string(195) "Chevron halts Bight exploration. In tough times, investment to develop Australian energy can’t be taken for granted https://t.co/pBIFVuhiOg" ["truncated"]=> bool(false) ["entities"]=> array(4) { ["hashtags"]=> array(0) { } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/pBIFVuhiOg" ["expanded_url"]=> string(113) "https://www.appea.com.au/media_release/chevrons-bight-decision-shows-energy-investment-cant-be-taken-for-granted/" ["display_url"]=> string(30) "appea.com.au/media_release/…" ["indices"]=> array(2) { [0]=> int(116) [1]=> int(139) } } } } ["source"]=> string(66) "Twitter Web Client" ["in_reply_to_status_id"]=> NULL ["in_reply_to_status_id_str"]=> NULL ["in_reply_to_user_id"]=> NULL ["in_reply_to_user_id_str"]=> NULL ["in_reply_to_screen_name"]=> NULL ["user"]=> string(8) "APPEALtd" ["geo"]=> NULL ["coordinates"]=> NULL ["place"]=> NULL ["contributors"]=> NULL ["is_quote_status"]=> bool(false) ["retweet_count"]=> int(2) ["favorite_count"]=> int(3) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
12 October 17, 7:56am QLD releases more land for gas exploration. NSW & VIC should follow QLD’s lead by developing their own gas resources https://t.co/SjZ9NB7BWR
array(24) { ["created_at"]=> string(30) "Wed Oct 11 21:56:47 +0000 2017" ["id"]=> int(918233945237471232) ["id_str"]=> string(18) "918233945237471232" ["text"]=> string(200) "QLD releases more land for gas exploration. NSW & VIC should follow QLD’s lead by developing their own gas resources https://t.co/SjZ9NB7BWR" ["truncated"]=> bool(false) ["entities"]=> array(4) { ["hashtags"]=> array(0) { } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/SjZ9NB7BWR" ["expanded_url"]=> string(70) "https://www.appea.com.au/media_release/queensland-stepping-on-the-gas/" ["display_url"]=> string(30) "appea.com.au/media_release/…" ["indices"]=> array(2) { [0]=> int(121) [1]=> int(144) } } } } ["source"]=> string(66) "Twitter Web Client" ["in_reply_to_status_id"]=> NULL ["in_reply_to_status_id_str"]=> NULL ["in_reply_to_user_id"]=> NULL ["in_reply_to_user_id_str"]=> NULL ["in_reply_to_screen_name"]=> NULL ["user"]=> string(8) "APPEALtd" ["geo"]=> NULL ["coordinates"]=> NULL ["place"]=> NULL ["contributors"]=> NULL ["is_quote_status"]=> bool(false) ["retweet_count"]=> int(1) ["favorite_count"]=> int(0) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
11 October 17, 4:02pm One Nation tax grab would harm energy security & push up energy prices. Oil & gas companies already losing money. https://t.co/iCN6swKe6L
array(24) { ["created_at"]=> string(30) "Wed Oct 11 06:02:42 +0000 2017" ["id"]=> int(917993842653229056) ["id_str"]=> string(18) "917993842653229056" ["text"]=> string(199) "One Nation tax grab would harm energy security & push up energy prices. Oil & gas companies already losing money. https://t.co/iCN6swKe6L" ["truncated"]=> bool(false) ["entities"]=> array(4) { ["hashtags"]=> array(0) { } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/iCN6swKe6L" ["expanded_url"]=> string(73) "https://www.appea.com.au/media_release/one-nations-tax-grab-is-dangerous/" ["display_url"]=> string(30) "appea.com.au/media_release/…" ["indices"]=> array(2) { [0]=> int(122) [1]=> int(145) } } } } ["source"]=> string(66) "Twitter Web Client" ["in_reply_to_status_id"]=> NULL ["in_reply_to_status_id_str"]=> NULL ["in_reply_to_user_id"]=> NULL ["in_reply_to_user_id_str"]=> NULL ["in_reply_to_screen_name"]=> NULL ["user"]=> string(8) "APPEALtd" ["geo"]=> NULL ["coordinates"]=> NULL ["place"]=> NULL ["contributors"]=> NULL ["is_quote_status"]=> bool(false) ["retweet_count"]=> int(1) ["favorite_count"]=> int(3) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd

Gas producers will guarantee the east coast market will not be short of gas in 2018, despite surprisingly high forecasts for demand released earlier this week.

APPEA CEO Dr Malcolm Roberts said the industry had reassured the Prime Minister at a meeting in Sydney today that sufficient uncontracted gas would be available in 2018 to meet the new, much higher forecast of expected demand released on Monday by the Australian Energy Market Operator (AEMO).

The meeting was attended by representatives from Shell, Santos and APLNG.

“There is no reason to fear that Eastern Australia will run out of gas in 2018,” Dr Roberts said.
“The industry will ensure there will not be a shortfall of gas in the domestic market. The businesses present gave a commitment to the Commonwealth that all uncontracted gas will be offered to the domestic market first.

“We have also committed to improving transparency in the domestic market by reporting regularly to the Australian Competition and Consumer Commission (ACCC) on gas sales, offers to sell and bids declined.

“The industry has already moved to ensure a ready source of gas is available to meet any energy security risks by supporting the Gas Peak Demand Guarantee. This will ensure gas is always available for power generation during peak demand periods in the National Electricity Market.”

Dr Roberts said the industry applauded the Prime Minister’s leadership and commitment to finding a market-based solution that guaranteed gas supply to the domestic market without harming a vital export industry.

“More gas supply and more gas suppliers is the only sustainable way to meet long-term demand and put downward pressure on prices,” he said.

“It is essential that state and territory governments remove their political bans on developing local gas. NSW and Victoria, in particular, are heavy gas users but have blocked local projects.”