Page 3 - Gas Statement News Today

Gas exploration will be allowed to be considered in some parts of the Hunter July 21, 2021 The NSW Government is ruling out gas production under the majority of Petroleum Exploration Licences (zombie pels) with the exception of those that support the Narrabri Gas project.  Deputy Premier and Minister for Regional NSW John Barilaro has released the Future of Gas statement which includes a map of where gas exploration will be prohibited, but also where it will be considered.  The plan also outl...

Gas still to play critical role in generation: WoodMac Feb 4, 2021 – 7.00am Share Australia will need about 10 times more gas for power generation than is being assumed by the energy market operator, according to consultancy Wood Mackenzie, which is warning of the risks of switching too rapidly to rely on batteries to back up weather-dependent renewables. The share of gas in the power generation mix will probably remain at about 10 per cent by 2030, rather than fall to only about 1 per cent a...