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Australia’s Gas Industry Optimistic About New Coalition Leadership

Foggy Winter Morning,Aerial view of the Parliament House Canberra,taken at Red Hill Lookout, Canberra,Australia.

The Australian oil and gas sector has expressed optimism following the appointment of Sussan Ley as the new Opposition Leader, anticipating collaborative efforts with the Coalition to enhance gas supply and investment. This initiative aims to bolster Australia’s energy security and stimulate economic growth.

Samantha McCulloch, Chief Executive of Australian Energy Producers, welcomed the re-appointment of Susan McDonald as Shadow Minister for Resources and Northern Australia. McCulloch praised McDonald for her advocacy for the resources sector and her understanding of the pivotal role of natural gas in providing jobs and ensuring energy security.

“Senator McDonald has been a strong advocate for our industry and regional Australia,” McCulloch noted. “Her previous work has underscored the necessity of a stable and competitive investment environment to harness Australia’s resource potential and fuel future economic growth.”

The gas industry also acknowledges the appointments of other key figures within the Shadow Ministry, including Dan Tehan as Shadow Minister for Energy and Emissions Reduction, Ted O’Brien as Shadow Treasurer, Angie Bell as Shadow Minister for Environment, and Alex Hawke as Shadow Minister for Industry and Innovation.

“Dan Tehan’s extensive experience in senior ministerial roles will provide valuable insights to national energy policy,” McCulloch added. “His electorate of Wannon relies on natural gas, which supports critical local industries, such as dairy and manufacturing.”

The industry is prepared to engage with both major political parties to establish bipartisan policies that are crucial for enhancing productivity and investment.

“This next term of Parliament is an opportunity for collaboration between industry and the Government, as well as the Opposition,” McCulloch stated. “Together, we can implement lasting reforms to ensure reliable and affordable energy for Australians.”

As Australia strives to meet its ambitious climate target for 2035, the role of natural gas in the energy mix is increasingly vital. Industry leaders believe that proactive policies can help balance environmental goals with the need for economic resilience.

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