The triple whammy of the ramp up of CSG–LNG projects in Queensland, moratoriums in NSW, VIC and the NT and low global commodity prices mean the domestic gas market on Australia’s east coast is facing one of the most challenging times in its history.

Claims by the Victorian Government that its bans on developing new onshore gas resources will not affect gas prices for Victorian customers defy common sense and market realities, according to the Australian Petroleum Production and Exploration Association (APPEA).

Australia’s LNG exports jumped by 37.7 per cent to 36.8 MMt over calendar 2016 as the plethora of new projects in Western Australia, the Northern Territory and coastal Queensland triggered a flood of new shipments to global markets.

High temperatures being experienced across Australia should help energy ministers focus on the importance of developing a comprehensive and technology-neutral national energy policy, according to the Australian Pipelines and Gas Association (APGA).

Cooper completes acquisition of Victorian assets

Cooper Energy has completed its acquisition of Santos’ Victorian gas assets, with the exception of a 10 per cent interest in the Minerva asset.

Armour signs GSA with APLNG

Armour Energy has signed a gas sales agreement with Australia Pacific LNG (APLNG) for the supply of gas from its Kincora Project for a minimum of five years.

East Timor to terminate oil and gas treaty

East Timor is set to tear up an oil and gas treaty signed with Australia in 2006, which relates to the maritime border between the countries and up to $40...

Significant reforms agreed by COAG Energy Council

The COAG Energy Council has agreed to significant reforms to put downward pressure on electricity prices, streamline the consideration of interconnectors and reduce costs for gas users.

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