People & Policy Industry reports

Jemena confirms NGP expansion

Following yesterday’s decision to lift the moratorium on fracking in the Northern Territory, Jemena has signalled its intention to extend and expand the Northern Gas Pipeline (NGP).

The Resources 2030 Taskforce charged with identifying reforms to secure the future of Australia’s resources sector met for the first time yesterday.

Northern Territory Chief Minister Michael Gunner today announced the NT Government had accepted all 135 recommendations of the independent fracking inquiry.

Today the Assistant Minister for Science, Jobs and Innovation Senator the Hon. Zed Seselja announced that the Federal Government’s Cooperative Research Centres (CRC) program will be co-funding Future Fuels CRC with $26.25 million over its proposed seven year research program.

LNG driving growth

Australia’s resources and energy earnings are set to increase to $230 billion in 2017-18, with LNG being the largest growth contributor.

Hydrogen offers potential for new export industry

While the Australian energy market currently faces unprecedented challenges, technology is creating significant opportunities for the industry.

Total Australian LNG shipments for February was 5.1 MMt, falling lower than January’s 5.6 MMt.

The recent Victorian Gas Planning Report Update from AEMO warns that supply-demand issues may affect Victoria in as early as 2022.

A report by the Australian Energy Market Operator has highlighted the need for more gas supply in Victoria in order to avoid a projected shortfall in 2022.

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