DOMESTIC GAS RESERVATION
POLICY — TRANSPARENCY
832. Hon COLIN de GRUSSA to the Leader of the House
representing the Premier:
I refer to the Premier's
changes to the WA domestic gas policy announced on 17 August 2020.
(1) Please detail requirements that will be
implemented to provide greater transparency and increased reporting when
it comes to supply and availability of gas in the market.
(2) Will any of
the new requirements enhance transparency on sale arrangements entered into by
suppliers and buyers of gas?
(3) Under
improved transparency requirements, will domestic gas obligations of individual
joint venture partners be disclosed?
(4) What
component of the policy change will promote greater use of the huge arrears of
gas reserves that have not yet entered the market and been made available for
domestic users under the policy?
(5) Does the
state government have a time line for industry to deliver the growing volume of
gas arrears not yet made available for domestic users?
Hon SUE
ELLERY replied:
I thank the honourable member for
some notice of the question.
The Department of Jobs, Tourism,
Science and Innovation advises the following.
(1) The
government is developing an annual WA domestic gas commitment statement that
will outline gas supplied and available to the market through domestic gas
commitments. The department is consulting with domestic gas commitment holders
and other gas market stakeholders on the content of the statement.
(2) Details of
information to be provided on gas sold, contracted and available to the market
is being considered as part of the consultation process for the statement.
(3) This matter
is also being considered as part of the consultation process.
(4) Greater
transparency will enable the market to have a better understanding of who is
supplying gas and how much is available.
(5) The
commitment to reserve gas, have infrastructure in place and market gas applies
over the life of the project. The government monitors progress in the
implementation of domestic gas commitments on an ongoing basis.