❓ Hon Tim Clifford questions the government on projected LNG demand and strategies to prevent stranded assets due to renewable energy uptake. The government provides a report on gas demand and states no specific strategy is in place.
AnsweredQoN 1053Legislative Council
QuestionView source ↗
LNG RESERVES
1053. Hon TIM CLIFFORD to the minister representing the
Minister for Mines and Petroleum:
(1) Has the state
government calculated the projected future domestic and foreign demand of WA's
LNG reserves; and, if so, would the minister please table it?
(2) Has the state
government put in place a strategy to prevent a stranded asset scenario if
foreign entities turn away from purchasing WA's LNG resources due to
their own renewable energy uptake?
1053. Hon TIM CLIFFORD to the minister representing the
Minister for Mines and Petroleum:
(1) Has the state
government calculated the projected future domestic and foreign demand of WA's
LNG reserves; and, if so, would the minister please table it?
(2) Has the state
government put in place a strategy to prevent a stranded asset scenario if
foreign entities turn away from purchasing WA's LNG resources due to
their own renewable energy uptake?
AnswerView source ↗
I thank the member for the question.
The following information has been provided to me by the Minister for Mines and
Petroleum.
(1) The Australian Energy Market Operator publishes a ''Gas
Statement of Opportunities'' every year, which includes domestic
gas demand projections and expected exports for Western Australia. I table the
2018 report.
[See paper 3077.]
(2) No, there is no requirement for
such a strategy.
The following information has been provided to me by the Minister for Mines and
Petroleum.
(1) The Australian Energy Market Operator publishes a ''Gas
Statement of Opportunities'' every year, which includes domestic
gas demand projections and expected exports for Western Australia. I table the
2018 report.
[See paper 3077.]
(2) No, there is no requirement for
such a strategy.
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