Premier Mark McGowan will attend the APPEA 2019 Oil and Gas Conference in Brisbane this week, in the latest push to position Western Australia as a global LNG hub, to attract investment into our State and create jobs for Western Australians.
In an address to the conference, Mr McGowan will reaffirm the WA State Government’s calls to businesses across the nation to relocate to WA, to take advantage of our cheap, reliable and abundant gas supply, that is a result of the domestic gas reservation policy introduced by Labor in 2006.
The reservation policy means WA enjoys the cheapest wholesale gas prices in the country and has managed to avoid the supply shortages that have crippled some east coast industries.
The Premier will outline the work of the nation-leading LNG Jobs Taskforce, the first of its kind in Australia, featuring industry and government collaboration never seen before.
The primary aim of the taskforce is to establish WA as a global LNG hub servicing Australia and the broader Asia-Pacific region, to create new investment opportunities and unlock new jobs in the LNG industry.
The McGowan Government has prioritised growth in WA’s LNG industry, and the State Budget included $10 million to develop a world-first microscale LNG plant, as part of an LNG Futures Facility in Kwinana.
The facility will continue the McGowan Government’s work to position WA as a world leader in development and testing of new technologies and processes.
As stated by Premier Mark McGowan:
“My pitch to east coast industry is simple. If you want a cheaper and more reliable supply of gas – go west.
“We have an abundant supply of cheap gas right here in WA and I’ll be selling the benefits at this week’s APPEA Conference, to attract more investment in WA and create long-term local jobs in the LNG industry.
“Western Australia is a world leader in LNG and one of my Government’s key priorities is to grow our State into a global LNG hub, to unleash thousands of new jobs for Western Australians.
“But it won’t happen without a concerted effort from government and industry, and that’s what the LNG Jobs Taskforce is all about. The taskforce has led to collaboration never before seen and we are keen to continue this co-ordination to make WA an even better place to invest.
“This is a first of its kind for Australia and I look forward to outlining Western Australia’s bold plans at this week’s conference.”
