Major gas users told: NSW gas will be running on empty

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20 November 17, 5:57am QLD must cut red tape. Regulation accounts for 37% of gas exploration costs & almost 10% of all costs over a projec… https://t.co/IhXPomP1PL
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by APPEALtd
16 November 17, 11:45am APPEA CEO Malcolm Roberts addresses the APPEA Taxation & Commercial Conference in Glenelg, South Australia today https://t.co/KwtNGbgnH7
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by APPEALtd
15 November 17, 9:14am IEA forecasts #natgas to increase its share of global energy mix in coming decades. Australian gas can boost energy… https://t.co/Sn2w2Egcgw
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by APPEALtd
9 November 17, 11:53am Qld Govt plans for future gas exploration block releases are positive. But gas industry remains concerned about the… https://t.co/lVscjIzC02
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by APPEALtd

New South Wales - Sydney

The looming NSW gas supply crisis was top of the agenda for the leaders of some of NSW’s largest employers at an AGL-hosted breakfast recently. ACIL Allen Executive Director Paul Balfe laid out the dismal future for NSW gas customers in the absence of new sources of gas supply.

ACIL Allen’s Paul Balfe explained how dependent NSW is on other states for gas imports: “Can NSW continue to rely almost exclusively on interstate gas imports? The answer is no.”

The result, he predicts, is an increase in coal-fired power (instead of gas) ironically, “at the same time as we are trying to reduce emission intensity.”

“NSW will be going in precisely the opposite direction it wants to be. Could NSW coal seam gas be part of solution? The Queensland experience, says, yes of course it could,” explained Balfe.