In a yet-to-be-released submission to federal reservation rules obtained by this masthead,the east coast’s biggest gas producer broke ranks with industry voices.
India’s third-largest steelmaker has placed its decarbonisation credentials and global record at the centre of its final-stage pitch for the Whyalla steelworks.
Australia’s gas companies are poised to cash in on a huge revenue surge in the fallout from the Iran war,intensifying calls for higher taxes.
Senior officials will travel to Asia this week in an attempt to douse a growing diplomatic crisis in countries unsettled by Australia’s plans for a gas reservation.
Right now,things are looking pretty rosy for Australian gas. In the longer term,the picture is grim.
A new federal mandate for LNG exporters to keep more gas in Australia is threatening to strain critical trade relationships in Asia at a sensitive time.
WA’s 15 per cent reservation policy is often held up as an example for the eastern states to emulate,but the reality is it is not living up to expectations.
The move has caused consternation among companies operating in WA,where a 15 per cent reservation already applies. Others argue it will force producers to lift their game.
Surging electricity demands have raised questions about whether the state government’s planned renewable energy transition is compatible to its courting of global tech players.
Premier Roger Cook said WA had a “Browse-sized hole” in its future energy needs,and has claimed that without it,fracking in the Kimberley could be on the table.