High costs risk to gas boom

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15 July 19, 2:37pm The #oilandgas sector says the #WA Government’s implementation plan for the independent hydraulic fracturing inquir… https://t.co/4QTwMVKalH
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11 July 19, 2:02pm Australia’s #oilandgas industry welcomes another new domestic #natgas supply agreement to support manufacturing.… https://t.co/vzqk4rcMqS
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11 July 19, 9:43am Watch @APPEALtd chief executive Andrew McConville discuss #natgas policy on @abcnews The Business program with… https://t.co/HEICWC0Qpt
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9 July 19, 7:25pm An @IEEFA_AsiaPac report by @barobertson111 is deliberately misleading to claim Australian #natgas prices are subst… https://t.co/QJXImVctyk
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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.