Lessons learned from the development phase of the CSG-LNG industry in Queensland was the focus of a presentation by GasFields Commission Chair, Ruth Wade, at the 5th IEA Unconventional Gas Forum, held in Brisbane recently.
The forum, attended by delegates from 15 countries including USA, Japan, UK, India, Norway, China, Indonesia, Argentina and Canada was co-hosted by The University of Queensland, Centre of Coal Seam Gas and the UQ Energy Initiative. Its aim was to discuss and exchange experiences with unconventional gas development, in particular CSG, in various countries with a view to informing future outlooks.
The International Energy Agency (IEA) is a Paris-based autonomous intergovernmental organisation, which operates in the framework of the OECD, to ensure reliable, affordable and clean energy for its 29 member countries (which includes Australia) and beyond.
Topics discussed at the recent Brisbane forum ranged from the IEA’s “Golden Rules for a Golden Age of Gas”, which lays out the principles for ‘social licence’ to produce unconventional gas to the international implications of the rising global demand for natural gas and the increasing share of trade that unconventional gas is forecast to take.
According to the IEA, Australia is a major force in re-shaping global gas markets with large scale LNG development fuelled by onshore conventional gas resources in WA, together with rising production of CSG fuelling three major LNG facilities in Queensland. The IEA says this major expansion of capacity will soon see Australia rivalling Qatar as the world’s largest exporter of LNG.
Mrs Wade told the international audience that the lessons learned in Queensland are critical for facilitating future CSG expansion and new developments.
“The community expects that our gas resources will be developed in an environmentally and socially safe and responsible manner, while balancing the needs of landholders and local communities,” she said. “With projections that the number of exploration and production wells in the Surat Basin will increase from approximately 4600 in 2015 to around 11,000 by 2023 there is still much to be done.