Inquiry into WA’s domestic gas policy pushed back to mid-August
The release of the parliamentary inquiry report into the domestic gas market has been delayed until after the winter break. The Economics and Industry Standing Committee was supposed to publish the review on Thursday morning but postponed it by nine weeks, now aiming for a release on August 15. This decision was due to the high volume and quality of evidence received, necessitating more time for thorough consideration.
The inquiry was prompted by concerns over big exporters not supplying enough gas to the local market and projections of a significant shortfall within a decade. It also examined the State Government’s 2020 ban on onshore gas exports and subsequent policy changes.
Shadow Energy Minister Steve Thomas expressed concern over the delay, especially with the State Election approaching in March, emphasizing the need for policy certainty in the energy industry. Industry sources suggested that Woodside’s recent commitment to supply additional gas might shift the Government's focus to potential changes in onshore rules.
Steve Thomas proposed that any relaxation of onshore export rules should include a public process for transparency.
Premier Roger Cook previously promoted the potential for onshore gas exports but recently indicated a possible shift towards maintaining the existing ban. The DomGas Alliance launched a campaign in May backing the gas reservation policy, arguing lifting the ban would not lead to higher local supply.
Read more here.