The Natrual Gas Sectors of Australia and New Zealand
The Australian gas industry continues to
expand in the levels of gas sales, customer numbers, the extent of the pipeline
and distribution systems, with new gas fields being discovered and developed
and through new gas consuming industrial projects, power generation and new
direct gas use applications.
After six years of gas market reform
Australia’s natural gas industry has dramatically changed. The gas production,
transmission, distribution and retail sectors of the industry are now almost
entirely in private hands. There is a new national third party pipeline access
regulatory system covering all transmission and distribution assets, and a
programme for full retail contestability. There are also renewed moves to
reform the upstream gas supply sector which has so far largely escaped the
process.
Natural gas pipelines did not appear in
Australia until the late 1960s when Australia's oil and gas industries were
being developed. The country now has an extensive network of pipe-lines
covering Australia with three distinct interconnecting networks.
Australia’s natural gas fields are linked
to major markets by over 20,000 km of high-pressure transmission pipelines. The
natural gas distribution network is comprised of over 75,000 km of gas
reticulation pipeline.
Two major companies currently involved in
gas production in New Zealand are: Shell Petroleum Mining, with an
overwhelmingly dominant share, and Todd Petroleum Mining Limited (Todd Energy)
While two companies will continue to play a
dominant role in gas production in New Zealand, there are signs that this could
change. In addition to Shell and Todd, there are fifty-four compa-nies that own
rights to exploratory tracts in the country and as the industry makes the
transition to other sources of supply, it is probable that other companies will
emerge as important pro-ducers of gas.
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