APIA asks for policy support for east coast gas market
THE Australian Pipeline Industry Association has assured the east coast gas market is going strong, despite fears of a supply shortfall when the Gladstone LNG plants start exporting the commodity.
Yesterday APIA released a report, which was also part of the Australian Government's Energy White Paper, calling for greater policy support for the sector to ensure a long-term future.
Three LNG plants are being constructed on Curtis Island off the coast of Gladstone including QCLNG, APLNG and Santos GLNG.
APIA chief executive Cheryl Cartwright said that adjusting domestic market structures will not address supply shortfall.
Ms Cartwright said a solution could involve accessing broader supply from many sources as soon as possible.
The industry body also proposed the establishment of a technology-neutral energy investment policy, allowing renewables, clean coal, gas and any low-emission technologies to compete for investment funds.