High costs risk to gas boom

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7 December 21, 11:40am A new report from @FrontierEcon finds more natural gas is needed in electricity generation to support growing renew… https://t.co/wkv2lQjg68
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6 December 21, 4:28pm Today's government announcement of five new areas marked for #GHG storage opportunities represents another signific… https://t.co/OPt8jG1wVm
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by APPEALtd
6 December 21, 11:23am Read the full independent report from @ey_australia on the future of the Western Australian #oilandgas industry her… https://t.co/PZubb66zRO
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by APPEALtd
3 December 21, 3:47pm #Labor’s Powering Australia Plan provides some clarity around how the party plans to meet its emissions reduction t… https://t.co/QcGUT7VlH2
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by APPEALtd

Gas Plant - Santos

Australia’s largest foreign investor Chevron told the Australian Financial Review this week that future multi-billion dollar expansions of two LNG projects in Western Australia hinge on bringing about a structural change to Australia’s cost base.

Managing Director of Chevron Australia Pty Ltd, Roy Krzywosinski warned Australia has a two-year window to get policy settings right or risk missing out to overseas rivals for up to $150 billion of pending LNG investment.

“Irrespective of who forms the next government, securing future energy investment will require a recalibration of government policy,” Mr Krzywosinski told the AFR.