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

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17 April 19, 9:47am Today's @theheraldsun says #Victorian Government is analysing onshore #gas exploration in the Otway and Gippsland b… https://t.co/eranIc3TdX
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16 April 19, 1:14pm Australia needs a consistent national approach to #climate change policy which allows us to continue our journey to… https://t.co/GNMRxzdeoN
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10 April 19, 3:47pm #ICYMI - Greg Sheridan @HyperbolicGreg highlights in @australian the policy problems with #gas exploration in Austr… https://t.co/2GCDBceeT9
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10 April 19, 2:27pm The #oilandgas industry has invested more than $350 billion over the last decade on infrastructure and exploration… https://t.co/hFyDtmNFQh
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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.