Date Time
Advancing Australia’s gas-fired recovery
The Morrison Government is ensuring Australian gas is working for all Australians by unlocking supply through critical infrastructure so households and job-creating industries can access the gas they need at a competitive price.
As part of Australia’s gas-fired recovery, the Government has committed to boost the east coast gas market across the entire supply chain.
This will be done through the three key areas of: unlocking supply, delivering an efficient pipeline and transportation market, and empowering gas customers.
Affordable and plentiful gas will play a central role in strengthening the economy and Australian industry as the Morrison Government secures Australia’s recovery from COVID-19.
Australia: Santos welcomes progress on National Gas Infrastructure Plan
07 May 2021
Santos welcomes the Federal Government’s release of the interim
National Gas Infrastructure Plan. Santos Chief Executive Officer and Managing Director Kevin Gallagher said the Plan is based on an open, competitive market approach and encourages investment in new local supply and infrastructure, which is the best way to put downward pressure on east coast domestic gas prices. The best thing the government could do to get gas prices down on the east coast is to remove barriers to investment and promote private investment in new gas supply sources and pipelines through stable energy and fiscal policy, Mr Gallagher said.
Morrison government to commit $58m to gas projects
May 7, 2021 – 12.00am
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The Morrison government will announce a $58.6 million package in next week’s federal budget to help drive the gas-led recovery from the coronavirus pandemic.
The new package also includes a commitment to consider underwriting mining billionaire Andrew “Twiggy” Forrest and his company, Australian Industrial Power, to build a gas import terminal and power station at Port Kembla.
A photographic impression of the Port Kembla LNG terminal.
The federal energy minister Angus Taylor, who will make the announcement on Friday, said the package was aimed at ensuring there was enough supply to meet demand on the east coast gas market.
News by Matthew Killoran
Premium Content  A major investment in Queensland gas fields, including the Bowen and Galilee basins, is needed to head off a devastating national shortage within the next 10 years, a new report has found. The Federal Budget next week will include cash to fast-track the Wallumbilla national gas hub, proposed for western Queensland, while more details around plans to open up the Bowen Basin are expected soon, in response to the National Gas Infrastructure Plan s interim report to be released today. Queensland will be key to keeping production costs down, vital for manufacturing and keeping prices down.
Federal government paying millions in consulting fees for advice on subsidising gas industry, documents show
MonMonday 8
The gas industry only employs 0.2 per cent of the Australian workforce.
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The federal government is spending millions of dollars on consultants to advise on how to subsidise the multi-billion-dollar gas industry, despite it employing just 0.2 per cent of the Australian workforce, according to tender documents and ABC sources.
Key points:
Tender documents show the federal government allocated more than $9 million to pay for private consultants
A request to see the specific terms of the contracts with BCG was denied, despite the AusTender website listing them as not confidential