“Estimates suggest there could be the equivalent of about 40 years’ worth of gas yet to be developed in Victoria, while the Northern Territory is said to be sitting on more than 200 years’ worth of gas.
“But gas developments are on hold in both of those regions, with Victoria taking the extraordinary step of banning all types of gas extraction – even conventional gas which has powered that state for decades.
“Australia can’t become complacent and other States and Territories can’t just rely on Queensland to bail them out.
“Without an export industry, the Queensland CSG sector wouldn’t have been developed. But Queensland gas is now supplying both the Australian market and the export industry.