International Energy Agency says gas bans must be lifted

Recent articles


Tweets

11 May 18, 10:21am #APPEA2018 #oilandgas #conference is looking to the future of the Australian oil and gas industry’s workplace cultu… https://t.co/Dw24eyjMqg
array(24) { ["created_at"]=> string(30) "Fri May 11 00:21:36 +0000 2018" ["id"]=> int(994734230956425216) ["id_str"]=> string(18) "994734230956425216" ["text"]=> string(415) "#APPEA2018 #oilandgas #conference is looking to the future of the Australian oil and gas industry’s workplace cultu… https://t.co/Dw24eyjMqg" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(3) { [0]=> array(2) { ["text"]=> string(9) "APPEA2018" ["indices"]=> array(2) { [0]=> int(0) [1]=> int(10) } } [1]=> array(2) { ["text"]=> string(9) "oilandgas" ["indices"]=> array(2) { [0]=> int(11) [1]=> int(21) } } [2]=> array(2) { ["text"]=> string(10) "conference" ["indices"]=> array(2) { [0]=> int(22) [1]=> int(33) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/Dw24eyjMqg" ["expanded_url"]=> string(51) "https://twitter.com/i/web/status/994734230956425216" ["display_url"]=> string(29) "twitter.com/i/web/status/9…" ["indices"]=> array(2) { [0]=> int(117) [1]=> int(140) } } } } ["source"]=> string(66) "Twitter Web Client" ["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
10 May 18, 2:22pm With energy policy & resource projects in the headlines – and the possibility of a 2018 federal election – there wi… https://t.co/n2E7Kefjcq
array(24) { ["created_at"]=> string(30) "Thu May 10 04:22:45 +0000 2018" ["id"]=> int(994432530068590592) ["id_str"]=> string(18) "994432530068590592" ["text"]=> string(204) "With energy policy & resource projects in the headlines – and the possibility of a 2018 federal election – there wi… https://t.co/n2E7Kefjcq" ["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/n2E7Kefjcq" ["expanded_url"]=> string(51) "https://twitter.com/i/web/status/994432530068590592" ["display_url"]=> string(29) "twitter.com/i/web/status/9…" ["indices"]=> array(2) { [0]=> int(121) [1]=> int(144) } } } } ["source"]=> string(66) "Twitter Web Client" ["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(0) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
8 May 18, 9:50pm Once again the Federal Budget has highlighted the significant contribution Australia’s natural gas industry makes t… https://t.co/ykRB8pVGcf
array(24) { ["created_at"]=> string(30) "Tue May 08 11:50:55 +0000 2018" ["id"]=> int(993820537666220032) ["id_str"]=> string(18) "993820537666220032" ["text"]=> string(198) "Once again the Federal Budget has highlighted the significant contribution Australia’s natural gas industry makes t… https://t.co/ykRB8pVGcf" ["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/ykRB8pVGcf" ["expanded_url"]=> string(51) "https://twitter.com/i/web/status/993820537666220032" ["display_url"]=> string(29) "twitter.com/i/web/status/9…" ["indices"]=> array(2) { [0]=> int(117) [1]=> int(140) } } } } ["source"]=> string(66) "Twitter Web Client" ["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(8) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
1 May 18, 6:19pm NT Budget reveals urgent need for more private investment. The #natgas industry can deliver the jobs and govt reven… https://t.co/dopWYFLNeo
array(24) { ["created_at"]=> string(30) "Tue May 01 08:19:11 +0000 2018" ["id"]=> int(991230540614221825) ["id_str"]=> string(18) "991230540614221825" ["text"]=> string(265) "NT Budget reveals urgent need for more private investment. The #natgas industry can deliver the jobs and govt reven… https://t.co/dopWYFLNeo" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(1) { [0]=> array(2) { ["text"]=> string(6) "natgas" ["indices"]=> array(2) { [0]=> int(63) [1]=> int(70) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/dopWYFLNeo" ["expanded_url"]=> string(51) "https://twitter.com/i/web/status/991230540614221825" ["display_url"]=> string(29) "twitter.com/i/web/status/9…" ["indices"]=> array(2) { [0]=> int(117) [1]=> int(140) } } } } ["source"]=> string(66) "Twitter Web Client" ["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(3) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd

State and Territory governments must lift their unjustified bans on natural gas development or risk squandering Australia’s energy advantage, the International Energy Agency (IEA) has warned.

APPEA Chief Executive Dr Malcolm Roberts said the IEA review of Australia’s energy policies released in Canberra today confirmed the urgent need to remove senseless State bans and restrictions on gas operations.

“The message to policymakers from the IEA’s Executive Director, Dr Fatih Birol, could not have been clearer,” Dr Roberts said.

“Dr Birol identified the number-one step Australia can take to deliver secure and affordable energy – removing bans on unconventional gas projects.

“Coal seam gas from Queensland already supplies almost 60 per cent of the east coast gas market.  States that have blocked unconventional gas projects are using more and more coal seam gas, but are paying a hefty premium to transport this gas from interstate.

“As Dr Birol stated this morning, more gas supply will put downward pressure on energy prices and smooth Australia’s transition to a low-emissions future.”

Dr Birol also forecasts that Asia’s demand for LNG will almost triple over the next 20 years, creating a huge economic opportunity for Australia.

The Chinese government is leading this demand growth, recognizing LNG as a cleaner fuel for the environment.  Fuel switching to gas reduces the airborne pollution which is responsible for an estimated 2.2 million premature deaths in China.

Dr Roberts said the IEA report made it clear that restricting gas exports was not a sustainable solution to concerns about domestic supply.

“The IEA report echoes industry’s concerns that gas reservation policies risk worsening the problem by discouraging new investment in gas projects,” he said.