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Dutton’s gas plan will chill investment, warns global energy giant

Under the Coalition's reservation plan, Shell's QCLNG and Australia Pacific LNG must reserve 50 to 100 petajoules of uncontracted gas for local buyers, potentially increasing eastern seaboard supply by 20%.
Dutton claimed this plan could reduce the wholesale gas price from $14 to $10 per gigajoule, but production costs have been steadily increasing, making lower prices challenging.
Shell recognizes the need for strict gas industry regulations but warns that poorly designed rules could lead to unnecessary costs and harm investment.
Dutton's gas plan has been welcomed by major corporate gas users, who state that gas prices above $10 per gigajoule are untenable in Australia.

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Australian Financial Review

Lean Right

Dutton pledges to lift game, Taylor to fast-track foreign investment

The opposition leader has promised colleagues his campaign will improve after a slow start marked by a series of missteps and slippage in the polls.

3 days ago·Sydney, Australia

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ABC Australia

Lean Left

Does Peter Dutton's gas policy stack up? - ABC listen

Peter Dutton has made gas policy a central plank of his election pitch, unveiling a plan to reserve domestic gas supply and reduce energy prices. But he’s yet to release the modelling to back up his claims. Mark Ogge says reserving gas for domestic use is important – but he says new gas projects don’t add to Australian supply, they just enable the export of more gas. And that’s a big problem for the climate. GUEST: Mark Ogge, Principal Advisor…

3 days ago·Australia

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The West Australian

Lean Right

Dutton doubles down on energy despite keeping details light

Peter Dutton is determined to make this election a choice between alternative energy policies, telling voters they will be better off under the Coalition despite not yet releasing analysis to prove his claim.

4 days ago·Australia

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The Age

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Sydney Morning Herald

Lean Left

Dutton’s gas plan will chill investment, warns global energy giant

Global energy major Shell is warning Peter Dutton that his plan to curb Australia’s gas exports will stunt investment and fail to boost supplies of the fuel.

4 days ago·Australia

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Star Community

Nuclear divide amid cost-of-living concerns

As a recent Star News reader survey reveals strong support for the Coalition’s nuclear energy policy, experts say it highlights the “significant impact” that cost of living has on this election campaign, particularly the cost of energy. Opposition leader Peter Dutton has proposed integrating nuclear power into the nation’s energy strategy to bring down household energy bills. The proposal will see seven nuclear reactors at existing coal-fired po…

2 days ago

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primemovermag.com.au

Gas crucial for energy transition: Shell - Prime Mover Magazine

Shell Australia Country Chair Cecile Wake recently spoke about how critical gas is with moving the 'net zero' agenda forward. Image: Shell.There is not a single credible energy transition scenario that excludes natural gas according to Shell Australia. Energy policy is of national strategic importance said Shell Australia Country Chair Cecile Wake and caution should be exercised in light of election dynamics. Wake addressed the role of gas in Au…

3 days ago

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