New pipeline delivers gas and an economic boost
A new pipeline project announced today will provide a boost to the national economy as well as low-emissions energy to mining companies and others in Western Australia, APGA Chief Executive Officer Steve Davies said.
APA Group has announced it will build a 580km gas transmission pipeline that connects gas fields in the Perth Basin with the Goldfields region, forming a transmission network.
“Today’s exciting announcement of the new Northern Gas Interconnect pipeline in Western Australia is great news for the Australian economy and the gas industry,” Mr Davies said.
“It is a timely demonstration of the ongoing role natural gas plays as an essential source of energy in Australia.”
Demand for gas continues to be very strong. In 2018/19, final energy consumption of gas was 980 petajoules (PJ), an increase of 3.4 per cent from the previous year. This does not include gas that was converted to electricity. In the same year, electricity consumption was 846PJ, an increase of just 1.4 per cent.
“Using gas for heat is the lowest emissions non-renewable energy source, with only 25 per cent of the emissions intensity of grid electricity,” Mr Davies said.
“I have no doubt we will continue to use gas for a long time – as set out in Gas Vision 2050. There is significant potential for investors in gas".
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