[Peakoil] Fw: APPEA launches major international report on Asia-Pacific Gas Market Growth

[Jenny Goldie]

FYI...Jenny

PS: Pity we're busily exporting our gas.

----- Original Message ----- 
From: Damian Dwyer 
To: Climate Change Info Mailing List 
Sent: Tuesday, September 22, 2009 9:18 AM
Subject: APPEA launches major international report on Asia-Pacific Gas Market Growth


Dear Colleagues

 

The Australian Petroleum Production & Exploration Association (APPEA) released the Asia-Pacific Gas Market Growth report on 18 September 2009.  The report itself, undertaken by PricewaterhouseCoopers for APPEA under the auspices of the Asia-Pacific Partnership on Clean Development and Climate (APP) can be found at http://www.appea.com.au/content/pdfs_docs_xls/NewsMedia/APPEAMediaReleases/app_gasmarketgrowth.pdf. 

 

Background

 

The Asia-Pacific Partnership on Clean Development and Climate (the APP) is an innovative effort to accelerate the development and deployment of clean energy technologies. The seven members of the partnership - Australia, Canada, China, India, Japan, Republic of Korea, and the US (the APP Partner economies) have agreed to work together and with private sector partners to meet common goals.

 

The APP Partners have approved eight public-private sector task forces. One of these, the Cleaner Fossil Energy Task Force, has in turn developed an Action Plan that includes an initiative referred to as the Asia-Pacific Gas Market Growth Project (CFE-06-08). Overall objectives of the Gas Market Growth Project are consistent with those of the Asia-Pacific Partnership - that is to promote energy security, reduction in national air pollution and climate change in ways that promote sustainable economic growth and poverty reduction.

 

APPEA is the leader of the project under the auspices of the APP and has engaged PricewaterhouseCoopers to assist the project with a study of the APP gas markets, and to prepare a report. The study called for a staged approach consisting of initial research, data collection and analysis, modelling, stakeholder consultations and interpretation of individual country and collective APP outcomes.

 

Key findings and conclusions

 

The report finds gas exporting and large consuming countries have a mutual interest to develop markets for natural gas to ensure greater efficiency of gas transport, trade and consumption. The key messages that come through as a result of the qualitative and quantitative assessment of each country, and collectively as the APP group of countries, are:

 

·         There are substantial opportunities to grow gas use in the APP economies. Opportunities are greatest in the electricity generation sector, particularly in countries that have low gas penetration, increasing power requirements and pending environmental constraints.

 

·         Growth of gas in a country's energy mix will have a positive impact on energy security, greenhouse gas emissions and air pollution.

 

·         Governments in importing countries can assist the supply side by improving their respective domestic gas markets by providing greater levels of energy policy and regulatory certainty to encourage large-scale projects to move forward.

 

·         Domestic gas market growth should be underpinned by government policies and regulation that support market development and provide an environment of certainty. Key focus areas for energy policies are to provide clarity around the cost of carbon emissions and to clearly articulate the preferred energy mix for the respective countries.

 

 

Regards

 

 

 

 

Damian Dwyer

Director - Energy Markets & Climate Change
Australian Petroleum Production & Exploration Association Limited (APPEA)
T +61 (2) 6247 0960 | F +61 (2) 6247 0548 |
Level 10, 60 Marcus Clarke Street, Canberra, ACT 2601

E ddwyer at appea.com.au | W www.appea.com.au 

 

 

 

This message and any attachments may contain privileged and confidential information intended only for the use of the addressee named above. If you are not the intended recipient of this message you are hereby notified that any use, dissemination, distribution or reproduction of this message is prohibited. If you have received this message in error please notify APPEA Limited immediately via email at appea at appea.com.au.

 

All reasonable steps have been implemented to ensure the accuracy and integrity of all electronic communications, but no liability is accepted for any materials transmitted.

 

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