Record turnout at ADGO 2015 in Sydney in March

Keith Orchison presenting at ADGO 2015

Keith Orchison presenting at ADGO 2015

A record number of 270 gas leaders attended the third annual Australian Domestic Gas Outlook 2015 conference held in Sydney in March, to discuss the future of domestic gas in Australia – and they were not disappointed.

Expectations were high on the first day of the ADGO 2015 conference with two of the keynote speakers – former MP Martin Ferguson and NSW Resources Minister Anthony Roberts – later featured and quoted on the front page of major Australian newspapers addressing the hot topic of domestic gas supply in NSW, only a few days out from the state election.

CONFERENCE KICKS OFF

Mr Roberts kicked off the first day of the conference by urging the NSW’s gas industry to face the heated debate on gas and network privatisation. He continued by explaining that the average Australian in NSW is unaware of the looming gas crisis.

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.

The other panellists included Cameron O’Reilly (CEO Energy Retailers’ Association), Ben Eade (Executive Director of Manufacturing Australia) and Simon Camroux (Manager, Wholesale Market Regulation, AGL Energy).

Following this, the conference took a much deeper look at the price and security of supply challenges facing large industrial gas users. Tony Edmondstone, Orica’s Executive Global Head of Supply, detailed Orica’s perspective of the impact of current gas market conditions on large industry and also lent insight into Orica’s innovative supply deal with Strike Energy.

He was followed by Samantha Read, CEO of the PACIA, who spoke about the critical role of gas in the economy and the importance of federal and state governments increasing supply, competition and transparency in the domestic gas markets.

To round up the day, there was a heavy-hitting panel of large energy users, who again highlighted the challenges faced by domestic users and what solutions are available – both regulatory and commercial – and fielded a large number of questions from the audience. The topic proved to be a poignant issue for all in attendance.

Highlights from the second conference day included a keynote panel discussion focused on ‘creating a regulatory nirvana’ featuring Peter Harris, Chairman of the Productivity Commission; Malcolm Roberts, Chairman of the Queensland Competition Authority; and Barry Goldstein, Executive Director (Energy & Resources) of the South Australian Department of State Development.

Closing the second day of the conference was a discussion on the re-engineering of public perception to improve relations with domestic gas stakeholders, where discussions about the effectiveness of polling, fracking and the legislation for safe development of unconventional reserves were held.

Overall, the conference fuelled a huge amount of debate around the future of the domestic gas industry and, more importantly, created a platform where many solutions to the challenges facing the industry could be discussed between key individuals from the length of the supply chain.

For speaking or sponsorship opportunities for the 2016 event please contact Quest Events today at www.questevents.com.au

Enter your details to subscribe to the free fortnightly Gas Today e-newsletter

Thank you for signing up for the Gas Today Online Update.