The Joint Working Group on Natural Gas Supply (JWG) was established
in late-2006 by the Ministerial Council on Mineral and Petroleum
Resources (MCMPR) and the Ministerial Council on Energy (MCE) in
recognition of the need to realise the twin goals of becoming one of the
world’s major LNG exporters and ensuring the long term supply of gas
for domestic users. The JWG, chaired by Western Australia, has
progressed three key issues:
- domestic supply/demand prices,
- long-term energy security; and
- economic growth.
The JWG recently sought public comment on the following reports:
A
report by McLennan Magasanik Associates (MMA) produced
for the JWG. The MMA report provides qualitative analysis of barriers
to domestic gas supply, risks and benefits of major inter-jurisdictional
gas projects and strategies to deliver enhanced supply for both the
domestic and export market. This report has previously undergone
targeted industry consultation; and
acreage management;
improvement of the operation of existing market structures;
development of annual National Gas Statement of Opportunities; and
obtaining a better understanding of new market developments.
The public consultation period closed in on 5 November 2007. Enquiries on this subject can be directed to:
Mr Andrew Taylor, Department of State Development (08) 9222 0442.
