Post by Australia Pacific LNG

The Australian Financial Review Weekend article ‘𝘓𝘰𝘰𝘮𝘪𝘯𝘨 𝘨𝘢𝘴 𝘳𝘦𝘴𝘦𝘳𝘷𝘦 𝘤𝘰𝘶𝘭𝘥 𝘤𝘶𝘵 𝘱𝘳𝘪𝘤𝘦𝘴 20𝘱𝘤’ highlights that a relatively modest lift in local supply could be the “goldilocks amount” needed to support a functioning future East Coast Gas Market.   Independent Energy Edge modelling provided to government shows that increasing domestic supply from about 150 to 180 PJs over the next three years could ease wholesale prices for Australian manufacturers and other gas users. The 30PJ a year scenario considers current pipeline constraints and assumes the extra gas stays in Australia; consistent with the export permitting model APLNG supports. Article: https://lnkd.in/gjubuYYx Australian Industry Group, Business Council of Australia (BCA), The Australian Workers' Union, Energy Users Association of Australia, Townsville Enterprise (TEL), Australian Manufacturing Workers' Union, Queensland Resources Council