Parliamentary inquiry report says WA's domestic gas export policy no longer fit for purpose
A parliamentary inquiry in Western Australia has revealed that the state’s domestic gas policy, once considered a solution for energy issues, is now inadequate.
The policy, which helped keep gas supplies high and prices low during the eastern states' 2022 energy crisis, is failing to prevent potential shortfalls that could threaten significant economic activities and thousands of jobs in WA.
Peter Tinley, chair of the committee, noted that gas producers are only supplying around 8% of their exports to the domestic market, half of what is required.
The inquiry found inconsistencies in policy enforcement and lack of transparency, with some producers not adhering to their commitments.
The government is considering updating agreements or introducing new legislation to address these issues, while the possibility of allowing onshore gas export is being debated due to viability concerns from some companies.
The final report is expected in May, which will likely propose solutions to enhance policy effectiveness and ensure compliance among gas producers.