“The Liberal-National government will help secure gas supplies, put downward pressure on prices and encourage new investment in gas supplies,” Tuesday’s announcement says.
A new $10 million boiler powered by sawdust produced from milling is powering Dongwha Australia’s kilns at Bombala.
Analysis by Peter Roberts A major trend is developing with big manufacturers by-passing distributors and retailers and dealing direct with gas producers to secure reasonably-priced, long-term access to the key industrial fuel. Queensland gas producer Senex Energy (ASX: SXY) signed an initial deal this week with packaging manufacturer, Orora (ASX: ORA). The two year agreement…
The federal opposition has pledged, if successful at the May 18 election, that it will use $1.5 billion re-purposed from the current $5 billion Northern Australia Infrastructure Facility to address the east coast’s gas shortage.
The next government needs to address Australia’s severe supply crisis, possibly through a public gas company and domestic gas reservation, according to a group representing some of the country’s major gas users.
Analysis by Peter Roberts Australia has always relied on foreign direct investment to drive its growing economy, as do other nations according to today’s graphic from Visual Capitalist. Whether it is Chevron’s investment in Australia’s north-west shelf, or Incitec Pivot’s $1 billion ammonia plant in New Orleans, companies often find the best payback in foreign…
The Australian Competition and Consumer Commission has warned there is “a finely balanced” gas supply outlook for 2022, and a possible 2 petajoule shortage on the east coast market.
The Australia Institute has questioned the importance of gas to a manufacturing recovery, saying there was no shortage, and increasing production would just benefit LNG exporters.
