Gas supply at mercy of low Bass Strait fields

Original article by Paul Garvey
The Australian – Page: 9 : 24-Nov-17

The Bass Strait gas fields are likely to start running out of gas in the medium term, according to a report to be released by the Department of ­Industry, Innovation and ­Science on 24 November. The report states the fields could start to run out even sooner if production is boosted in an effort to meet any rise in demand or deficit in supply. It notes that production in Bass Strait will increasingly move from shallow gas fields of high volume and quality to deeper fields of low volume and low quality. Federal Resources Minister Matt Canavan says the report demonstrates the need for states to lift their bans and moratoriums on on-shore gas exploration and development as soon as possible.

CORPORATES
AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY

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