Business
‘Closed for business’: Petroleum group lashes McGowan government’s new gas rules – WAtoday
The new policy does not have the support of the Australian Petroleum Production and Exploration Association, which claims it runs counter to the WA government’s COVID-19 economic recovery plan.
APPEA WA director Claire Wilkinson lashed the policy change, saying WA already had a good supply of gas under the existing policy which requires the equivalent of 15 per cent of gas exports to be reserved for domestic use. She warned the change would stifle future investment.
“Cutting off a potential market for any gas developed is a sure way to signal that WA is not open for business,” she said.
“The policy settings were already bringing gas to market that WA needs, so this added restriction …
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