Conference Chair Keith Orchison highlighted that if there is one thing on which the protagonists in the Australian gas debate agree, it is the need to locate more commercially viable resources and bring them to the domestic market to address both immediate and long-term needs.
On the topic of creating a favourable regulatory environment to attract further investment in Australia’s petroleum basins, Mr Ferguson complained about “scare-mongering” from the opposition and the need to focus on the importance of creating jobs and energy security.
Two strong industry players, Drillsearch Managing Director Brad Lingo, and Central Petroleum Managing Director Richard Cottee, went on to deliver papers on the opportunities for locating and delivering new gas resources from central Australia.
ADGO 2015 also analysed the outlook for domestic demand including from consumers, large industries and generation. Matthew Warren, Chief Executive of the Energy Supply Association, examined the outlook for gas prices and demand across Australia, and then participated in a panel discussion on gas demand, the outlook for gas generation and the prospects for switching to alternative energy sources.