❓ The Premier reports on a business mission to Korea to promote WA's LNG reserves, highlighting meetings with key Korean energy officials and expressing confidence in securing new gas supply contracts for the North West Shelf joint venture.
AnsweredQoN 623Legislative Assembly
QuestionView source ↗
I understand the Premier returned from Korea a matter of hours ago after leading a business mission to promote Western Australia’s vast liquefied natural gas reserves. Will the Premier report to the House on the outcome of the trip? Dr G.I. GALLOP
AnswerView source ↗
Firstly, I acknowledge that accompanying me on the trip to Korea was Mr Tim Shanahan from the Western Australian Chamber of Minerals and Energy and Mr John Banner, representing Australian LNG, plus, of course, officials from the Department of Industry and Resources. We went to Korea to promote Western Australian gas. Members will be aware that Korea will be facing a serious shortage of energy in 2008 when the current contracts to supply that country with gas will run out. Korea desperately needs new supplies of gas. KOGAS, the Korean Gas Company, has sought bids from the market place to provide three contracts, each of which is for 1.5 million tonnes per annum over 20 years. I am very pleased that the North West Shelf joint venture is one of the short-listed candidates for one or two of those contracts. I, therefore, travelled to Korea and with the president-chairman of Kogas I met the deputy minister in the ministry of commerce and industry there. I also met the Chairman of the Energy Committee from the National Assembly and the chief executive officer of USS-Posco Industries, the steel company. I also took the opportunity to give a speech to Korean businesses that have interests here in Western Australia. I am very pleased to say that the representations we made on behalf of Western Australia went very well. KOGAS understands the strength of the WA gas industry and that it offers reliability. Fifteen hundred shipments have been delivered from WA, all of which were on time over a long period. We can also offer security of supply and Western Australia has good government frameworks for dealing with the gas industry. I was very pleased with the response we received to all of those points. At the end of the day, these sorts of issues will be determined on a commercial basis by KOGAS. Its selection of supplier will come down to the sort of prices and conditions attached to each of the bids. I am very confident that my representations were important in showing the Government’s support for North West Shelf, a short-listed candidate, and for our oil and gas industry. Western Australia has an excellent relationship with Korea. We have established a new office there and we are putting a lot of effort into Korean-Western Australian relations. That has been received very well in Korea. I remain hopeful that, as occurred with the China contract, Western Australia can be part of the Korean future. The North West Shelf has a contract to provide LNG to Korea over the next seven years. We hope it can add to that one or more of those 20-year contracts. We have excellent relations with Korea. The reception we received was good news, based on the strength of our industry. We now hope that as a result of the commercial processes we will have yet another magnificent result for Western Australian industry. Several government members: Hear, hear!
Dr G.I. GALLOP replied: Firstly, I acknowledge that accompanying me on the trip to Korea was Mr Tim Shanahan from the Western Australian Chamber of Minerals and Energy and Mr John Banner, representing Australian LNG, plus, of course, officials from the Department of Industry and Resources. We went to Korea to promote Western Australian gas. Members will be aware that Korea will be facing a serious shortage of energy in 2008 when the current contracts to supply that country with gas will run out. Korea desperately needs new supplies of gas. KOGAS, the Korean Gas Company, has sought bids from the market place to provide three contracts, each of which is for 1.5 million tonnes per annum over 20 years. I am very pleased that the North West Shelf joint venture is one of the short-listed candidates for one or two of those contracts. I, therefore, travelled to Korea and with the president-chairman of Kogas I met the deputy minister in the ministry of commerce and industry there. I also met the Chairman of the Energy Committee from the National Assembly and the chief executive officer of USS-Posco Industries, the steel company. I also took the opportunity to give a speech to Korean businesses that have interests here in Western Australia. I am very pleased to say that the representations we made on behalf of Western Australia went very well. KOGAS understands the strength of the WA gas industry and that it offers reliability. Fifteen hundred shipments have been delivered from WA, all of which were on time over a long period. We can also offer security of supply and Western Australia has good government frameworks for dealing with the gas industry. I was very pleased with the response we received to all of those points. At the end of the day, these sorts of issues will be determined on a commercial basis by KOGAS. Its selection of supplier will come down to the sort of prices and conditions attached to each of the bids. I am very confident that my representations were important in showing the Government’s support for North West Shelf, a short-listed candidate, and for our oil and gas industry. Western Australia has an excellent relationship with Korea. We have established a new office there and we are putting a lot of effort into Korean-Western Australian relations. That has been received very well in Korea. I remain hopeful that, as occurred with the China contract, Western Australia can be part of the Korean future. The North West Shelf has a contract to provide LNG to Korea over the next seven years. We hope it can add to that one or more of those 20-year contracts. We have excellent relations with Korea. The reception we received was good news, based on the strength of our industry. We now hope that as a result of the commercial processes we will have yet another magnificent result for Western Australian industry. Several government members: Hear, hear!
Firstly, I acknowledge that accompanying me on the trip to Korea was Mr Tim Shanahan from the Western Australian Chamber of Minerals and Energy and Mr John Banner, representing Australian LNG, plus, of course, officials from the Department of Industry and Resources. We went to Korea to promote Western Australian gas. Members will be aware that Korea will be facing a serious shortage of energy in 2008 when the current contracts to supply that country with gas will run out. Korea desperately needs new supplies of gas. KOGAS, the Korean Gas Company, has sought bids from the market place to provide three contracts, each of which is for 1.5 million tonnes per annum over 20 years. I am very pleased that the North West Shelf joint venture is one of the short-listed candidates for one or two of those contracts. I, therefore, travelled to Korea and with the president-chairman of Kogas I met the deputy minister in the ministry of commerce and industry there. I also met the Chairman of the Energy Committee from the National Assembly and the chief executive officer of USS-Posco Industries, the steel company. I also took the opportunity to give a speech to Korean businesses that have interests here in Western Australia. I am very pleased to say that the representations we made on behalf of Western Australia went very well. KOGAS understands the strength of the WA gas industry and that it offers reliability. Fifteen hundred shipments have been delivered from WA, all of which were on time over a long period. We can also offer security of supply and Western Australia has good government frameworks for dealing with the gas industry. I was very pleased with the response we received to all of those points. At the end of the day, these sorts of issues will be determined on a commercial basis by KOGAS. Its selection of supplier will come down to the sort of prices and conditions attached to each of the bids. I am very confident that my representations were important in showing the Government’s support for North West Shelf, a short-listed candidate, and for our oil and gas industry. Western Australia has an excellent relationship with Korea. We have established a new office there and we are putting a lot of effort into Korean-Western Australian relations. That has been received very well in Korea. I remain hopeful that, as occurred with the China contract, Western Australia can be part of the Korean future. The North West Shelf has a contract to provide LNG to Korea over the next seven years. We hope it can add to that one or more of those 20-year contracts. We have excellent relations with Korea. The reception we received was good news, based on the strength of our industry. We now hope that as a result of the commercial processes we will have yet another magnificent result for Western Australian industry. Several government members: Hear, hear!
We went to Korea to promote Western Australian gas. Members will be aware that Korea will be facing a serious shortage of energy in 2008 when the current contracts to supply that country with gas will run out. Korea desperately needs new supplies of gas. KOGAS, the Korean Gas Company, has sought bids from the market place to provide three contracts, each of which is for 1.5 million tonnes per annum over 20 years. I am very pleased that the North West Shelf joint venture is one of the short-listed candidates for one or two of those contracts. I, therefore, travelled to Korea and with the president-chairman of Kogas I met the deputy minister in the ministry of commerce and industry there. I also met the Chairman of the Energy Committee from the National Assembly and the chief executive officer of USS-Posco Industries, the steel company. I also took the opportunity to give a speech to Korean businesses that have interests here in Western Australia. I am very pleased to say that the representations we made on behalf of Western Australia went very well. KOGAS understands the strength of the WA gas industry and that it offers reliability. Fifteen hundred shipments have been delivered from WA, all of which were on time over a long period. We can also offer security of supply and Western Australia has good government frameworks for dealing with the gas industry. I was very pleased with the response we received to all of those points. At the end of the day, these sorts of issues will be determined on a commercial basis by KOGAS. Its selection of supplier will come down to the sort of prices and conditions attached to each of the bids. I am very confident that my representations were important in showing the Government’s support for North West Shelf, a short-listed candidate, and for our oil and gas industry. Western Australia has an excellent relationship with Korea. We have established a new office there and we are putting a lot of effort into Korean-Western Australian relations. That has been received very well in Korea. I remain hopeful that, as occurred with the China contract, Western Australia can be part of the Korean future. The North West Shelf has a contract to provide LNG to Korea over the next seven years. We hope it can add to that one or more of those 20-year contracts. We have excellent relations with Korea. The reception we received was good news, based on the strength of our industry. We now hope that as a result of the commercial processes we will have yet another magnificent result for Western Australian industry. Several government members: Hear, hear!
I am very pleased to say that the representations we made on behalf of Western Australia went very well. KOGAS understands the strength of the WA gas industry and that it offers reliability. Fifteen hundred shipments have been delivered from WA, all of which were on time over a long period. We can also offer security of supply and Western Australia has good government frameworks for dealing with the gas industry. I was very pleased with the response we received to all of those points. At the end of the day, these sorts of issues will be determined on a commercial basis by KOGAS. Its selection of supplier will come down to the sort of prices and conditions attached to each of the bids. I am very confident that my representations were important in showing the Government’s support for North West Shelf, a short-listed candidate, and for our oil and gas industry. Western Australia has an excellent relationship with Korea. We have established a new office there and we are putting a lot of effort into Korean-Western Australian relations. That has been received very well in Korea. I remain hopeful that, as occurred with the China contract, Western Australia can be part of the Korean future. The North West Shelf has a contract to provide LNG to Korea over the next seven years. We hope it can add to that one or more of those 20-year contracts. We have excellent relations with Korea. The reception we received was good news, based on the strength of our industry. We now hope that as a result of the commercial processes we will have yet another magnificent result for Western Australian industry. Several government members: Hear, hear!
We have excellent relations with Korea. The reception we received was good news, based on the strength of our industry. We now hope that as a result of the commercial processes we will have yet another magnificent result for Western Australian industry. Several government members: Hear, hear!
Several government members: Hear, hear!
Dr G.I. GALLOP replied: Firstly, I acknowledge that accompanying me on the trip to Korea was Mr Tim Shanahan from the Western Australian Chamber of Minerals and Energy and Mr John Banner, representing Australian LNG, plus, of course, officials from the Department of Industry and Resources. We went to Korea to promote Western Australian gas. Members will be aware that Korea will be facing a serious shortage of energy in 2008 when the current contracts to supply that country with gas will run out. Korea desperately needs new supplies of gas. KOGAS, the Korean Gas Company, has sought bids from the market place to provide three contracts, each of which is for 1.5 million tonnes per annum over 20 years. I am very pleased that the North West Shelf joint venture is one of the short-listed candidates for one or two of those contracts. I, therefore, travelled to Korea and with the president-chairman of Kogas I met the deputy minister in the ministry of commerce and industry there. I also met the Chairman of the Energy Committee from the National Assembly and the chief executive officer of USS-Posco Industries, the steel company. I also took the opportunity to give a speech to Korean businesses that have interests here in Western Australia. I am very pleased to say that the representations we made on behalf of Western Australia went very well. KOGAS understands the strength of the WA gas industry and that it offers reliability. Fifteen hundred shipments have been delivered from WA, all of which were on time over a long period. We can also offer security of supply and Western Australia has good government frameworks for dealing with the gas industry. I was very pleased with the response we received to all of those points. At the end of the day, these sorts of issues will be determined on a commercial basis by KOGAS. Its selection of supplier will come down to the sort of prices and conditions attached to each of the bids. I am very confident that my representations were important in showing the Government’s support for North West Shelf, a short-listed candidate, and for our oil and gas industry. Western Australia has an excellent relationship with Korea. We have established a new office there and we are putting a lot of effort into Korean-Western Australian relations. That has been received very well in Korea. I remain hopeful that, as occurred with the China contract, Western Australia can be part of the Korean future. The North West Shelf has a contract to provide LNG to Korea over the next seven years. We hope it can add to that one or more of those 20-year contracts. We have excellent relations with Korea. The reception we received was good news, based on the strength of our industry. We now hope that as a result of the commercial processes we will have yet another magnificent result for Western Australian industry. Several government members: Hear, hear!
Firstly, I acknowledge that accompanying me on the trip to Korea was Mr Tim Shanahan from the Western Australian Chamber of Minerals and Energy and Mr John Banner, representing Australian LNG, plus, of course, officials from the Department of Industry and Resources. We went to Korea to promote Western Australian gas. Members will be aware that Korea will be facing a serious shortage of energy in 2008 when the current contracts to supply that country with gas will run out. Korea desperately needs new supplies of gas. KOGAS, the Korean Gas Company, has sought bids from the market place to provide three contracts, each of which is for 1.5 million tonnes per annum over 20 years. I am very pleased that the North West Shelf joint venture is one of the short-listed candidates for one or two of those contracts. I, therefore, travelled to Korea and with the president-chairman of Kogas I met the deputy minister in the ministry of commerce and industry there. I also met the Chairman of the Energy Committee from the National Assembly and the chief executive officer of USS-Posco Industries, the steel company. I also took the opportunity to give a speech to Korean businesses that have interests here in Western Australia. I am very pleased to say that the representations we made on behalf of Western Australia went very well. KOGAS understands the strength of the WA gas industry and that it offers reliability. Fifteen hundred shipments have been delivered from WA, all of which were on time over a long period. We can also offer security of supply and Western Australia has good government frameworks for dealing with the gas industry. I was very pleased with the response we received to all of those points. At the end of the day, these sorts of issues will be determined on a commercial basis by KOGAS. Its selection of supplier will come down to the sort of prices and conditions attached to each of the bids. I am very confident that my representations were important in showing the Government’s support for North West Shelf, a short-listed candidate, and for our oil and gas industry. Western Australia has an excellent relationship with Korea. We have established a new office there and we are putting a lot of effort into Korean-Western Australian relations. That has been received very well in Korea. I remain hopeful that, as occurred with the China contract, Western Australia can be part of the Korean future. The North West Shelf has a contract to provide LNG to Korea over the next seven years. We hope it can add to that one or more of those 20-year contracts. We have excellent relations with Korea. The reception we received was good news, based on the strength of our industry. We now hope that as a result of the commercial processes we will have yet another magnificent result for Western Australian industry. Several government members: Hear, hear!
We went to Korea to promote Western Australian gas. Members will be aware that Korea will be facing a serious shortage of energy in 2008 when the current contracts to supply that country with gas will run out. Korea desperately needs new supplies of gas. KOGAS, the Korean Gas Company, has sought bids from the market place to provide three contracts, each of which is for 1.5 million tonnes per annum over 20 years. I am very pleased that the North West Shelf joint venture is one of the short-listed candidates for one or two of those contracts. I, therefore, travelled to Korea and with the president-chairman of Kogas I met the deputy minister in the ministry of commerce and industry there. I also met the Chairman of the Energy Committee from the National Assembly and the chief executive officer of USS-Posco Industries, the steel company. I also took the opportunity to give a speech to Korean businesses that have interests here in Western Australia. I am very pleased to say that the representations we made on behalf of Western Australia went very well. KOGAS understands the strength of the WA gas industry and that it offers reliability. Fifteen hundred shipments have been delivered from WA, all of which were on time over a long period. We can also offer security of supply and Western Australia has good government frameworks for dealing with the gas industry. I was very pleased with the response we received to all of those points. At the end of the day, these sorts of issues will be determined on a commercial basis by KOGAS. Its selection of supplier will come down to the sort of prices and conditions attached to each of the bids. I am very confident that my representations were important in showing the Government’s support for North West Shelf, a short-listed candidate, and for our oil and gas industry. Western Australia has an excellent relationship with Korea. We have established a new office there and we are putting a lot of effort into Korean-Western Australian relations. That has been received very well in Korea. I remain hopeful that, as occurred with the China contract, Western Australia can be part of the Korean future. The North West Shelf has a contract to provide LNG to Korea over the next seven years. We hope it can add to that one or more of those 20-year contracts. We have excellent relations with Korea. The reception we received was good news, based on the strength of our industry. We now hope that as a result of the commercial processes we will have yet another magnificent result for Western Australian industry. Several government members: Hear, hear!
I am very pleased to say that the representations we made on behalf of Western Australia went very well. KOGAS understands the strength of the WA gas industry and that it offers reliability. Fifteen hundred shipments have been delivered from WA, all of which were on time over a long period. We can also offer security of supply and Western Australia has good government frameworks for dealing with the gas industry. I was very pleased with the response we received to all of those points. At the end of the day, these sorts of issues will be determined on a commercial basis by KOGAS. Its selection of supplier will come down to the sort of prices and conditions attached to each of the bids. I am very confident that my representations were important in showing the Government’s support for North West Shelf, a short-listed candidate, and for our oil and gas industry. Western Australia has an excellent relationship with Korea. We have established a new office there and we are putting a lot of effort into Korean-Western Australian relations. That has been received very well in Korea. I remain hopeful that, as occurred with the China contract, Western Australia can be part of the Korean future. The North West Shelf has a contract to provide LNG to Korea over the next seven years. We hope it can add to that one or more of those 20-year contracts. We have excellent relations with Korea. The reception we received was good news, based on the strength of our industry. We now hope that as a result of the commercial processes we will have yet another magnificent result for Western Australian industry. Several government members: Hear, hear!
We have excellent relations with Korea. The reception we received was good news, based on the strength of our industry. We now hope that as a result of the commercial processes we will have yet another magnificent result for Western Australian industry. Several government members: Hear, hear!
Several government members: Hear, hear!
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