Policy

This category contains 156 posts

Interim report on fraccing in NT released

The Northern Territory Government has released the interim report of its independent inquiry into fraccing of onshore unconventional reservoirs in state. The report details the activities undertaken by the Inquiry Panel to date and its preliminary analysis of some of the risks and benefits of hydraulic fracturing for shale gas in the Northern Territory. The […]

Gas Security Mechanism to keep gas in Australia

The Australian Domestic Gas Security Mechanism (ADGSM) is now in effect, allowing the Government to intervene, if necessary, to ensure adequate gas is available for Australian. The Minister for Resources and Northern Australia, Matt Canavan, will use assessments, including from the Australian Energy Market Operator (AEMO), the ACCC and industry to determine later this year […]

Jemena appoints construction partner for NGP

Jemena has appointed a leading pipeline contractor to construct the Queensland portion of the $800 million Northern Gas Pipeline project following a four-month competitive tender process. Project Director, Jonathan Spink, said Spiecapag Australia will construct around 141km of the pipeline from east of the Queensland border to the pipeline’s end-point in Mt Isa. “Spiecapag Australia […]

New energy measures announced

The Federal Government’s announcement of measures to reform the Australian energy industry – in response to the Finkel Report – has been met with mixed reactions. The measures announced by the government include: Finalise tough new regulations in the gas sector to give Australian customers priority access to gas supply before it is exported. This […]

NT Government bans fraccing in Watarrka National Park

The Northern Territory Government has banned fraccing and mining in the Watarrka (Kings Canyon) National Park. In a meeting with the Central Land Council (CLC),  the Northern Territory Government declared a mineral and petroleum reserve over the entire park. The declaration under the Petroleum Act reserves the park from the grant of an exploration permit […]

New gas reforms proposed

The Victorian Government has proposed new gas market reforms in an attempt to drive down prices, protect jobs and preserve the supply of gas to Victorian homes and businesses. A new gas export mechanism announced in early June 2017 would place a cap on the total allowable gas that major companies can export in order […]

Supply issues continue to drive need for gas pipeline

The Queensland Government is urging the Turnbull Government to commit to a gas pipeline as part of a long-term package to tackle the looming east coast gas shortage. Natural Resources Minister Dr Anthony Lynham said Queensland has had the political will to develop its gas reserves to supply domestic users and underpin LNG exports. “If […]

Petroleum Resource Rent Tax Review released

The Federal Government has released a report of the independent review into the operation of the petroleum resource rent tax (PRRT), crude oil excise and associated Commonwealth royalties. The report highlights improvements that can be made to the PRRT over the longer term. It does not recommend changes to the crude oil excise or Commonwealth […]

New restrictions on gas exports

The Turnbull Government has announced new restrictions on gas exports which aim to secure domestic gas supply. Mr Turnbull said the shortage of domestic gas supplies has resulted in dramatically higher prices in Australia – higher than prices paid in the markets to which Australian gas is being exported. “By ending the shortage, and ensuring the […]

Peak gas supply guarantee gets industry support

The pipeline industry has put its support behind the peak energy demand gas supply guarantee to ensure gas supply can reach where it is needed. Pipeline representatives met Federal Cabinet’s Energy Policy Committee to assist the government to ensure electricity generators have the gas they have been guaranteed by gas producers at times of peak […]

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