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Dormant gas exploration licences emerge as next frontier in New South Wales gas battle SatSaturday 13 updated SatSaturday 13 A dormant gas license covers this cattle farm in Bunnan. ( Share Print text only Cancel About a decade ago, a coal seam gas company went door knocking in the New South Wales Upper Hunter. Key points: The approval of the Narrabri Gas project has energised gas companies Twelve dormant gas licenses cover 55,000 square kilometres in north-west NSW, and have renewal applications pending The state government's Future of Gas statement is expected in the coming months What happ...

Advertisement Wood Mackenzie’s Australasian upstream 2021 outlook report shows at least US$11 billion of gas projects poised for FID in 2021. With LNG backfill as the focus, these projects include three upstream FIDs – Mitsui’s Waitsia, Santos’ Barossa and Woodside’s Scarborough – and the AIE Port Kembla LNG import terminal which will supply the East Coast market. Wood Mackenzie senior analyst Daniel Toleman said: “After doing everything possible to tighten belts this year, Australian operators will open their wallets and start spending. The backlog of FIDs will begin to clear a...