Hunter Gas Pipeline Pty Ltd welcomed today’s announcement by Prime Minister Scott Morrison of a National Gas Infrastructure Plan to help create a more efficient gas market in Eastern Australia.
Hunter Gas Pipeline Managing Director, Garbis Simonian, welcomed the Prime Minister’s acknowledgement of the important role gas will play in Australia’s economic recovery – both in direct investment and employment on gas projects and the over 200,000 manufacturing jobs that rely on gas.
Mr Morrison also highlighted the contribution gas can make to reducing our carbon emissions – both through replacing coal-fired power generation and supporting renewables.
“These benefits will only be realised with more gas production and new pipelines to more efficiently transport gas to customers, so the National Gas Infrastructure Plan is welcomed,” Mr Simonian said.
The Hunter Gas Pipeline – more directly connecting northern Australian gas resources to markets on the east coast – can play a big role in helping power Australia’s economic recovery.
The proposed pipeline would run from the Wallumbilla Gas Hub near Roma in Queensland via Narrabri to Newcastle in NSW. This pipeline will supply gas to the major domestic and industrial markets of NSW, namely the Hunter Region and Sydney Basin.
“With Queensland, NSW and Federal Government approvals in place and the route map being finalised, the project is shovel ready and could play an important role in post-COVID regional economic recovery,” Mr Simonian said.
“Our project offers benefits both in terms of the local investment and jobs during construction and the delivery of gas to regional and urban areas.
“We will continue to work with all levels of government, commercial partners, customers, investors and the community to make the project a reality.
“We have important work to do before construction can commence – that includes responding to the genuine questions and concerns held by some landholders and community members.”
The Hunter Gas Pipeline project value is estimated to be $1.2 billion, and would see the creation of 350 jobs during construction. The additional gas supply the pipeline could deliver could play a significant role in countering expected gas price increases for NSW homes and businesses – in turn supporting thousands of jobs in manufacturing and other industries.