Australia examines gas industry's future
The Australian natural gas industry, seeking to increase supplies to the eastern states, is debating how new fields in the North West Shelf can be exploited and still protect the national interest. The development of Australian Gas Light Co. price schemes for natural gas influenced the size and character of the natural gas pipeline systems. Plans for transmission to Sydney and schemes to convert industrial consumers to gas are described. The present depressed economic condition has made capital difficult to raise for conversion, already under fire from the resisting oil companies. Opposition to a transcontinental gas pipeline points to the potential for finding reserves in the eastern and central states and the renewed interest in exploration following new pricing policies for crude oil. Future demand for natural gas will be affected by the price and the relative costs of competing fuels. The future effects of North West Shelf development, liquefied natural gas export schemes, synthetic natural gas research, and storage projects are described.
- OSTI ID:
- 5285591
- Journal Information:
- Energy Int.; (United States), Journal Name: Energy Int.; (United States) Vol. 15:1; ISSN ENEIB
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
032000 -- Natural Gas-- Transport
Handling
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29 ENERGY PLANNING, POLICY, AND ECONOMY
294003* -- Energy Planning & Policy-- Natural Gas
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