GLNG to supply gas to domestic market

Recent articles

Tweets

7 August 20, 11:41am The Global Gas Report 2020 from @IGU_News, BloombergNEF and @snam highlights the role of gas in transitioning to a… https://t.co/Ue0EkZpAzy
array(24) { ["created_at"]=> string(30) "Fri Aug 07 01:41:12 +0000 2020" ["id"]=> int(1291549923985432577) ["id_str"]=> string(19) "1291549923985432577" ["text"]=> string(310) "The Global Gas Report 2020 from @IGU_News, BloombergNEF and @snam highlights the role of gas in transitioning to a… https://t.co/Ue0EkZpAzy" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(0) { } ["symbols"]=> array(0) { } ["user_mentions"]=> array(2) { [0]=> array(5) { ["screen_name"]=> string(8) "IGU_News" ["name"]=> string(3) "IGU" ["id"]=> int(4838571113) ["id_str"]=> string(10) "4838571113" ["indices"]=> array(2) { [0]=> int(32) [1]=> int(41) } } [1]=> array(5) { ["screen_name"]=> string(4) "snam" ["name"]=> string(4) "Snam" ["id"]=> int(1071268171) ["id_str"]=> string(10) "1071268171" ["indices"]=> array(2) { [0]=> int(60) [1]=> int(65) } } } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/Ue0EkZpAzy" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1291549923985432577" ["display_url"]=> string(29) "twitter.com/i/web/status/1…" ["indices"]=> array(2) { [0]=> int(116) [1]=> int(139) } } } } ["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(4) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
6 August 20, 3:20pm The recent Future Australia roundtable brought together business leaders from agriculture, energy, manufacturing an… https://t.co/uE5ueP9puc
array(24) { ["created_at"]=> string(30) "Thu Aug 06 05:20:14 +0000 2020" ["id"]=> int(1291242659755855872) ["id_str"]=> string(19) "1291242659755855872" ["text"]=> string(196) "The recent Future Australia roundtable brought together business leaders from agriculture, energy, manufacturing an… https://t.co/uE5ueP9puc" ["truncated"]=> bool(true) ["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/uE5ueP9puc" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1291242659755855872" ["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(4) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
5 August 20, 5:02pm APPEA’s @brighterwithgas program and the Energy Club NT new #partnership focuses on education, community and busin… https://t.co/szHhy22j8q
array(24) { ["created_at"]=> string(30) "Wed Aug 05 07:02:45 +0000 2020" ["id"]=> int(1290906067824545796) ["id_str"]=> string(19) "1290906067824545796" ["text"]=> string(338) "APPEA’s @brighterwithgas program and the Energy Club NT new #partnership focuses on education, community and busin… https://t.co/szHhy22j8q" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(1) { [0]=> array(2) { ["text"]=> string(11) "partnership" ["indices"]=> array(2) { [0]=> int(61) [1]=> int(73) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(1) { [0]=> array(5) { ["screen_name"]=> string(15) "brighterwithgas" ["name"]=> string(8) "Brighter" ["id"]=> int(1042663138921836544) ["id_str"]=> string(19) "1042663138921836544" ["indices"]=> array(2) { [0]=> int(8) [1]=> int(24) } } } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/szHhy22j8q" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1290906067824545796" ["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(5) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
5 August 20, 9:58am The Future Australia roundtable brought together business leaders including @NationalFarmers and the Energy Users A… https://t.co/FtRslq9r1p
array(24) { ["created_at"]=> string(30) "Tue Aug 04 23:58:28 +0000 2020" ["id"]=> int(1290799296728584192) ["id_str"]=> string(19) "1290799296728584192" ["text"]=> string(262) "The Future Australia roundtable brought together business leaders including @NationalFarmers and the Energy Users A… https://t.co/FtRslq9r1p" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(0) { } ["symbols"]=> array(0) { } ["user_mentions"]=> array(1) { [0]=> array(5) { ["screen_name"]=> string(15) "NationalFarmers" ["name"]=> string(28) "National Farmers' Federation" ["id"]=> int(321841033) ["id_str"]=> string(9) "321841033" ["indices"]=> array(2) { [0]=> int(76) [1]=> int(92) } } } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/FtRslq9r1p" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1290799296728584192" ["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(8) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
Santos has announced that the Gladstone LNG project will supply 30 petajoules of gas, which would otherwise have been exported as LNG, to the east coast domestic market over 2018 and 2019.
 
APPEA Chief Exective Dr Malcolm Roberts said this deal was just the latest in a series of announcements that prove the market is working.
 
“While the supply-demand balance is tight, a string of new contracts confirm that gas producers are delivering,” Dr Roberts said.
 
“Today’s announcement is the latest initiative from Santos and its GLNG partners to lift domestic supply.
 
“Last week, Santos announced a three-year swap arrangement to boost supply to southern markets. Four weeks ago, Santos and its GLNG partners announced that they will supply the gas to return the Pelican Point power station to full service.
 
“Other producers are also supplying more gas to the market. In Queensland, for example, the Swanbank E power station is being returned to service with gas supplied by Shell Australia.
 
“Over the last five years, the industry has tripled gas production on the east coast.
 
“Before the massive investment driven by the three east coast LNG projects, customers were facing the prospect of importing gas from PNG.
 
“Now, thanks to the LNG investment, CSG has been developed into an essential source of energy for the domestic market, meeting more than 40 per cent of local demand.
 
“The industry will continue to develop new resources and write new domestic supply contracts. It will continue to work with the Queensland and South Australian governments to expand supply to the market.
 
“If the NSW and Victorian governments are genuinely concerned by rising gas prices, they should stop playing politics and lift their bans and restrictions on developing local gas supply.”
 
Dr Roberts said these new contracts show that the market can solve the tight conditions in the east coast gas market, especially if supported by policies that reduce the costs and risks of developing new supply.