Gas Market Reform Package

The Energy Council committed to a comprehensive Gas Market Reform Package in August 2016, to drive the achievement of its Australian Gas Market Vision for a liquid wholesale gas market where an efficient reference price provides signals for investment and new gas supply.

The reform package comprises four priority areas and 15 reform measures. The four priority areas are gas supply, market operation, gas transportation and market transparency.

The Energy Council has established a dedicated Gas Market Reform Group to lead the implementation of gas market reforms.  More information is available here.

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Gas Supply Strategy

The COAG Energy Council's objective is to maximise the benefit to the Australian community from the responsible development of gas resources.

In keeping with the Council's Gas Market Vision, the Council has agreed that its resources should be better utilised to meet community expectations in delivering this objective.

The Gas Supply Strategy is the Council's commitment to improving collaborative efforts between jurisdictions on scientific and regulatory issues associated with the development of onshore gas, offshore gas and underground gas storage.

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National Harmonised Regulatory Framework for Natural Gas from Coal Seams

On 9 December 2011, the former Standing Council on Energy and Resources agreed to develop and implement a harmonised framework for coal seam gas to address key areas of community concern. The National Harmonised Regulatory Framework for Natural Gas from Coal Seams was endorsed by the Council on 31 May 2013. Between 2013 and 2016, State and Northern Territory governments reported annually on the framework’s implementation.

The framework was reviewed in 2017 resulting in 16 new leading practices grouped into six broad themes.

On 18 December 2018, Resources Ministers agreed to the new Leading Practices Guide for Coal Seam Gas Development in Australia, which replaced the framework. .


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