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Articles on Gas

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The controversial Narrabri coal seam gas project. Australia has plenty of gas reserves that are cheaper to develop and a safer bet. AAP Image/Dean Lewins

Memo to COAG: Australia is already awash with gas

Australia has enough gas reserves to supply the next 25 years’ demand. Federal pressure to lift state bans on onshore gas development is pointless, risky – and won’t bring prices down.
The Finkel review aims to introduce certainty into Australia’s energy market. Reuters/Tim Wimborne

The Finkel Review at a glance

The Finkel review is designed to create a coherent and realistic plan for a low-emissions future. Here are the details you need to know.
With high capital costs linked to petroleum and gas infrastructure, collection of PRRT funds for regional development may be delayed for several years. Phil Noble/Reuters

Government’s oil and gas tax response will leave regional communities at a loss

Local communities are likely to be dissatisfied with the report from the PRRT review because its recommendations only apply to future projects and won’t herald any changes in the budget.
With the right power policies, gas can have a brighter future. Steven Bradley

Want to boost the domestic gas industry? Put a price on carbon

The current domestic gas crisis will pass. But if the industry wants to surpass coal and fulfil its role as a ‘transition fuel’, it should lobby for a carbon price to help it on its way.
Malcolm Turnbull said the projection last week showed a shortage of gas supply in the eastern market with deep implications for energy security. Lukas Coch/AAP

Turnbull warns of consequences if gas industry doesn’t keep its promises

Malcolm Turnbull has threatened to use the Commonwealth’s power over exports against gas producers if they do not carry through with undertakings to make more gas available for the domestic market.
SA energy minister Tom Koutsantonis (left) and Premier Jay Weatherill have outlined their vision for the state’s electricity. AAP Image/David Mariuz

South Australia’s energy plan gives national regulators another headache

South Australia is investing $550 million in a plan to improve the reliability of its electricity. But the side-effect is that the National Electricity Market will now be even harder to run.
Going into the gas industry meeting, the federal government said its priority is to make sure adequate gas is available to meet peaking demands. Lukas Coch/AAP

Turnbull to gas industry: give the local market more supply

Malcolm Turnbull on Wednesday will pressure the gas industry to increase the supply available to the domestic market, as the government scrambles to get together a viable national energy policy.

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