Middletons releases shale gas issues paper

The Federal Energy White Paper has confirmed several initiatives to be progressed during the coming year, all of which assisting in the commercialisation of shale gas and conventional gas resources, according to law firm Middletons.

Australia is estimated to have approximately 396 Tcf of shale gas resources, of which 288 Tcf is estimated to be held in Western Australia’s onshore basins and 85 Tcf in the Cooper Basin, spaning Queensland and South Australia.

Middletons Partner Fiona Melville said, “There is an undeniable need to examine all sources of energy that are both economic and environmentally viable in the years to come. Many projections have our energy consumption needs rising significantly in response to population growth which on current estimations is expected to exceed 28 million by 2030.”

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