The challenge of meeting Australia’s gas needs in the next few years is in good hands with the announcement of Prime Minister Abbott’s new ministry, according to the nation’s gas transmission industry.
Australian Pipelines and Gas Association Chief Executive Cheryl Cartwright has welcomed the appointments of the Minister for Industry, the Hon Ian Macfarlane, and the Minister for Environment, the Hon Greg Hunt.
“Minister Macfarlane has a wealth of experience in energy industry policy and a strong understanding of natural gas, including the current challenges facing the Australian gas industry,” Ms Cartwright said.
“As well as enthusiasm for Australia’s growing importance in the international LNG industry and increasing elevation as an LNG exporter, Mr Macfarlane is very much aware of the need to ensure the domestic gas industry remains strong.
“The best way to accommodate the increasing demand for natural gas – both domestic and export – is to improve access to supply and we will be looking to Minister Macfarlane and Minister Hunt to help cut through unnecessary processes and encourage investment in natural gas development.
“Minister Hunt is committed to the protection of the environment and has a practical approach to environmental management. He also recognises the industry’s commitment, recently launching our new, updated, Code of Environmental Practice.”
On natural gas, the APGA gas policy, among other things, calls for a new approach to investment in development of Australia’s resources.
“Development of Australia’s world class but remote gas reserves should be encouraged through policies that recognise and support private sector investment – support recognising energy security and environmental benefits,” Ms Cartwright said.
“We also would like to see Government encouragement of investment in technology-neutral emissions-intensity power generation by introducing policies which encourage and recognise the value of natural gas as well as renewable energy sources.
“The proposed 2020 Gas Supply Strategy is an important first step and the gas transmission industry is an essential part of the supply chain helping to ensure sufficient supplies for export industries, manufacturers and consumers.”