Gas supply warning demands urgent action

Recent articles


Tweets

23 July 21, 2:58pm Our NT Director Cassy Schmidt is in attendance at our Royal Darwin Show #APPEA booth this year to discuss all the b… https://t.co/4uDseHME4F
array(24) { ["created_at"]=> string(30) "Fri Jul 23 04:58:19 +0000 2021" ["id"]=> int(1418435282160943106) ["id_str"]=> string(19) "1418435282160943106" ["text"]=> string(264) "Our NT Director Cassy Schmidt is in attendance at our Royal Darwin Show #APPEA booth this year to discuss all the b… https://t.co/4uDseHME4F" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(1) { [0]=> array(2) { ["text"]=> string(5) "APPEA" ["indices"]=> array(2) { [0]=> int(72) [1]=> int(78) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/4uDseHME4F" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1418435282160943106" ["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(4) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
23 July 21, 8:36am .@sententia_gas sat down with the @abcnews to talk Rigs to Reefs where the #oilandgas industry repurposes obsolete… https://t.co/3degxegWzN
array(24) { ["created_at"]=> string(30) "Thu Jul 22 22:36:57 +0000 2021" ["id"]=> int(1418339310776975364) ["id_str"]=> string(19) "1418339310776975364" ["text"]=> string(389) ".@sententia_gas sat down with the @abcnews to talk Rigs to Reefs where the #oilandgas industry repurposes obsolete… https://t.co/3degxegWzN" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(1) { [0]=> array(2) { ["text"]=> string(9) "oilandgas" ["indices"]=> array(2) { [0]=> int(75) [1]=> int(85) } } } ["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(1) [1]=> int(15) } } [1]=> array(5) { ["screen_name"]=> string(7) "abcnews" ["name"]=> string(8) "ABC News" ["id"]=> int(2768501) ["id_str"]=> string(7) "2768501" ["indices"]=> array(2) { [0]=> int(34) [1]=> int(42) } } } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/3degxegWzN" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1418339310776975364" ["display_url"]=> string(29) "twitter.com/i/web/status/1…" ["indices"]=> array(2) { [0]=> int(116) [1]=> int(139) } } } } ["source"]=> string(82) "Twitter for iPhone" ["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
22 July 21, 3:05pm A gas supply agreement between @senexenergy and #Adbri will deliver up to 11 petajoules of #naturalgas to support t… https://t.co/Y0NPzbYgEg
array(24) { ["created_at"]=> string(30) "Thu Jul 22 05:05:05 +0000 2021" ["id"]=> int(1418074599896489984) ["id_str"]=> string(19) "1418074599896489984" ["text"]=> string(399) "A gas supply agreement between @senexenergy and #Adbri will deliver up to 11 petajoules of #naturalgas to support t… https://t.co/Y0NPzbYgEg" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(2) { [0]=> array(2) { ["text"]=> string(5) "Adbri" ["indices"]=> array(2) { [0]=> int(48) [1]=> int(54) } } [1]=> array(2) { ["text"]=> string(10) "naturalgas" ["indices"]=> array(2) { [0]=> int(91) [1]=> int(102) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(1) { [0]=> array(5) { ["screen_name"]=> string(11) "SenexEnergy" ["name"]=> string(20) "Senex Energy Limited" ["id"]=> int(1061149999906451456) ["id_str"]=> string(19) "1061149999906451456" ["indices"]=> array(2) { [0]=> int(31) [1]=> int(43) } } } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/Y0NPzbYgEg" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1418074599896489984" ["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(1) ["favorite_count"]=> int(6) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
22 July 21, 2:40pm .@santosltd recently collaborated with @ausocean and #Whyalla High School students in #SouthAustralia to build a ri… https://t.co/eIu2qHheb5
array(24) { ["created_at"]=> string(30) "Thu Jul 22 04:40:47 +0000 2021" ["id"]=> int(1418068481258385414) ["id_str"]=> string(19) "1418068481258385414" ["text"]=> string(462) ".@santosltd recently collaborated with @ausocean and #Whyalla High School students in #SouthAustralia to build a ri… https://t.co/eIu2qHheb5" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(2) { [0]=> array(2) { ["text"]=> string(7) "Whyalla" ["indices"]=> array(2) { [0]=> int(53) [1]=> int(61) } } [1]=> array(2) { ["text"]=> string(14) "SouthAustralia" ["indices"]=> array(2) { [0]=> int(86) [1]=> int(101) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(2) { [0]=> array(5) { ["screen_name"]=> string(9) "SantosLtd" ["name"]=> string(6) "Santos" ["id"]=> int(22737235) ["id_str"]=> string(8) "22737235" ["indices"]=> array(2) { [0]=> int(1) [1]=> int(11) } } [1]=> array(5) { ["screen_name"]=> string(8) "ausocean" ["name"]=> string(8) "AusOcean" ["id"]=> int(3686165112) ["id_str"]=> string(10) "3686165112" ["indices"]=> array(2) { [0]=> int(39) [1]=> int(48) } } } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/eIu2qHheb5" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1418068481258385414" ["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(4) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd

Governments in eastern Australia must pull out all stops to encourage the investment needed to address predicted gas shortages as highlighted by the Australian Energy Market Operator (AEMO) today.

The latest Gas Statement of Opportunities (GSOO) warns that developed gas reserves in eastern and south-eastern Australia can only meet forecast demand until 2019.

“The information released by AEMO today is a sobering reminder that the east coast needs rapid development of new gas resources to guarantee supply,” APPEA Chief Executive Dr Malcolm Roberts said.

“We have long argued that if we wish to achieve a more competitive market, put downward pressure on prices and ensure stable, adequate supply, we must bring more gas to market.

“Unfortunately a mix of policy indecision, restrictive regulations and politically motivated moratoriums, particularly in Victoria, has stymied exploration and development of our abundant natural gas resources.

“Almost 80 per cent of households in Victoria and thousands of local businesses rely on natural gas, yet the State refuses to develop its onshore resources.”

Dr Roberts said the commercial climate for exploration and development in Australia was already extremely difficult. Fewer onshore exploration wells were drilled in 2015 than at any other time in the last 20 years.

“In eastern Australia, the number of exploration wells drilled almost halved from 2014 to 2015 – from 70 wells to just 40,” he said.

“Sound policies are needed to provide greater certainty and investor confidence to support exploration and reduce the high cost of development and production.”

The GSOO comes a day after the Australian Competition and Consumer Commission called for urgent policy and regulatory changes to enhance gas supply to the eastern Australian market.