Gas producers will meet forecast surge in gas demand

Recent articles


Tweets

18 June 19, 11:35am #DYK Australia recorded a $6.3 billion surplus in the trade of #oilandgas in 2017-18, the highest surplus in 30 yea… https://t.co/BLiw7BPbLe
array(24) { ["created_at"]=> string(30) "Tue Jun 18 01:35:46 +0000 2019" ["id"]=> int(1140795203717980160) ["id_str"]=> string(19) "1140795203717980160" ["text"]=> string(334) "#DYK Australia recorded a $6.3 billion surplus in the trade of #oilandgas in 2017-18, the highest surplus in 30 yea… https://t.co/BLiw7BPbLe" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(2) { [0]=> array(2) { ["text"]=> string(3) "DYK" ["indices"]=> array(2) { [0]=> int(0) [1]=> int(4) } } [1]=> array(2) { ["text"]=> string(9) "oilandgas" ["indices"]=> array(2) { [0]=> int(63) [1]=> int(73) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/BLiw7BPbLe" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1140795203717980160" ["display_url"]=> string(29) "twitter.com/i/web/status/1…" ["indices"]=> array(2) { [0]=> int(117) [1]=> int(140) } } } } ["source"]=> string(71) "Twitter Web App" ["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(4) ["favorite_count"]=> int(5) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
14 June 19, 10:24am The @LNPQLD commitment to freeze #natgas royalties for 10 years supports confidence in long-term #gas investment an… https://t.co/d1CRqPA9Uu
array(24) { ["created_at"]=> string(30) "Fri Jun 14 00:24:33 +0000 2019" ["id"]=> int(1139327730904784899) ["id_str"]=> string(19) "1139327730904784899" ["text"]=> string(388) "The @LNPQLD commitment to freeze #natgas royalties for 10 years supports confidence in long-term #gas investment an… https://t.co/d1CRqPA9Uu" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(2) { [0]=> array(2) { ["text"]=> string(6) "natgas" ["indices"]=> array(2) { [0]=> int(33) [1]=> int(40) } } [1]=> array(2) { ["text"]=> string(3) "gas" ["indices"]=> array(2) { [0]=> int(97) [1]=> int(101) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(1) { [0]=> array(5) { ["screen_name"]=> string(6) "LNPQLD" ["name"]=> string(28) "LNP - Liberal National Party" ["id"]=> int(180100410) ["id_str"]=> string(9) "180100410" ["indices"]=> array(2) { [0]=> int(4) [1]=> int(11) } } } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/d1CRqPA9Uu" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1139327730904784899" ["display_url"]=> string(29) "twitter.com/i/web/status/1…" ["indices"]=> array(2) { [0]=> int(117) [1]=> int(140) } } } } ["source"]=> string(71) "Twitter Web App" ["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(0) ["favorite_count"]=> int(0) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
13 June 19, 9:36am Listen to @sententia_gas on @2GB873 saying a Queensland govt decision to increase #gas royalties is disappointing a… https://t.co/DODSacvFrS
array(24) { ["created_at"]=> string(30) "Wed Jun 12 23:36:20 +0000 2019" ["id"]=> int(1138953209840640000) ["id_str"]=> string(19) "1138953209840640000" ["text"]=> string(383) "Listen to @sententia_gas on @2GB873 saying a Queensland govt decision to increase #gas royalties is disappointing a… https://t.co/DODSacvFrS" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(1) { [0]=> array(2) { ["text"]=> string(3) "gas" ["indices"]=> array(2) { [0]=> int(82) [1]=> int(86) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(2) { [0]=> array(5) { ["screen_name"]=> string(13) "sententia_gas" ["name"]=> string(17) "Andrew McConville" ["id"]=> int(82637774) ["id_str"]=> string(8) "82637774" ["indices"]=> array(2) { [0]=> int(10) [1]=> int(24) } } [1]=> array(5) { ["screen_name"]=> string(6) "2GB873" ["name"]=> string(7) "2GB 873" ["id"]=> int(88593058) ["id_str"]=> string(8) "88593058" ["indices"]=> array(2) { [0]=> int(28) [1]=> int(35) } } } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/DODSacvFrS" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1138953209840640000" ["display_url"]=> string(29) "twitter.com/i/web/status/1…" ["indices"]=> array(2) { [0]=> int(117) [1]=> int(140) } } } } ["source"]=> string(71) "Twitter Web App" ["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(1) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
12 June 19, 11:59am #Energy Minister @AngusTaylorMP says Australia's #LNG exports are making a significant impact to reduce global… https://t.co/qMqAsoWq4e
array(24) { ["created_at"]=> string(30) "Wed Jun 12 01:59:07 +0000 2019" ["id"]=> int(1138626754614968320) ["id_str"]=> string(19) "1138626754614968320" ["text"]=> string(390) "#Energy Minister @AngusTaylorMP says Australia's #LNG exports are making a significant impact to reduce global… https://t.co/qMqAsoWq4e" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(2) { [0]=> array(2) { ["text"]=> string(6) "Energy" ["indices"]=> array(2) { [0]=> int(0) [1]=> int(7) } } [1]=> array(2) { ["text"]=> string(3) "LNG" ["indices"]=> array(2) { [0]=> int(49) [1]=> int(53) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(1) { [0]=> array(5) { ["screen_name"]=> string(13) "AngusTaylorMP" ["name"]=> string(15) "Angus Taylor MP" ["id"]=> int(84750011) ["id_str"]=> string(8) "84750011" ["indices"]=> array(2) { [0]=> int(17) [1]=> int(31) } } } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/qMqAsoWq4e" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1138626754614968320" ["display_url"]=> string(29) "twitter.com/i/web/status/1…" ["indices"]=> array(2) { [0]=> int(112) [1]=> int(135) } } } } ["source"]=> string(71) "Twitter Web App" ["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(6) ["favorite_count"]=> int(9) ["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.”