South Australian Treasurer Tom Koutsantonis says bans and moratoriums
in Victoria and NSW on onshore gas exploration are exacerbating a shortage of gas in the national market as he puts a deadline of December 6 on a $24 million carrot for gas explorers in his home state.
The SA Treasurer and Energy Minister is trying to inject some extra gas
supply into the market with a package that includes grants for companies
unlocking gas reserves in the state, providing those gas supplies are offered to the SA market first It is an attempt to increase the competition
in the market and to boost the supply of affordable gas to South Australian
gas-fired generators in a bid to lower electricity prices in South Australia,
which are the highest in the nation. Continue reading “Vic, NSW gas bans’making SA issue worse’”