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

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24 July 17, 1:52pm Restricting LNG exports to boost domestic gas supply could deter the investment needed to maintain current supply https://t.co/uAFm0a1kOD
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14 July 17, 10:28am QLD provides template that other states can use for safe, sustainable & successful onshore gas development #auspol https://t.co/qV8RfIocF0
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7 July 17, 10:29am Aust #LNG exports to jump from $23B to $37B in next 2 years, but policy changes needed to secure these benefits.… https://t.co/5WaYm01CZg
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5 July 17, 3:03pm Australian average wholesale gas prices are below Asian average: report. Prices are higher in Japan, China, S Korea https://t.co/qDGkYbMZfE
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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.