Member Info for Thij

https://amp.abc.net.au/article/102248920

Key points:

Rallen says it is weighing up its options after the decision
The court's ruling sets a legal precedent for land access laws in NT
Tamboran unloaded the "most powerful" drill rig in Australia in Darwin this week

@hardrock_fracer

https://wattsupwiththat.com/2023/04/20/survey-climate-anxiety-is-causing-youth-mental-health-problems/

Good news. And the rig is in Australia.

https://www.energynewsbulletin.net/environment/news/1451577/despite-greens’-wishes-inquiry-into-beetaloo-supports-gas

The report addressed 35 of the Pepper inquiry's 135 recommendations, she told reporters on Tuesday.

"In 2018, we made a decision as a government that ... if those 135 recommendations were implemented, we could move ahead as a territory with the onshore gas industry.

"That's where we're up to now," she said.

https://www.perthnow.com.au/news/environment/fracking-closer-after-release-of-beetaloo-report-c-10383239.amp

https://www.reuters.com/article/iraq-oil-kurdistan-turkey/update-1-baghdad-krg-take-step-towards-resuming-iraq-northern-oil-exports-idUSL1N36K1OO

https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/electric-power/041323-upstream-gas-investments-remain-necessary-says-iea-ahead-of-g7-meeting?_its=JTdCJTIydmlkJTIyJTNBJTIyNzQ2NTllMDQtYTYyYi00NjQwLTg2YTEtY2IwY2RhYzJkYjRiJTIyJTJDJTIyc3RhdGUlMjIlM0ElMjJybHR%2BMTY4MTM4Mzg3OH5sYW5kfjJfMTAwMjNfdnJlZl9mOTQ1NmY0NDE3ZjU5Mjk4MjJjNmIwNDY1NmVhNmZhNiUyMiU3RA%3D%3D

Waiting for positive news regarding Karoo basin. SA is in need of more energy.

CHART OF THE DAY: South Africa is weeks away from the southern hemisphere winter, when electricity demand surges. Eskom, the state-owned utility, is facing huge power shortfalls after a key coal-fired station failed. The country risks big blackouts in Jun-Jul-Aug-Sep #SouthAfrica

https://twitter.com/JavierBlas/status/1646432559046316032?s=20

https://www.afr.com/companies/energy/lng-exporters-on-tenterhooks-pending-trigger-decision-20230331-p5cwzs

https://www.abc.net.au/news/2023-03-30/japan-warns-world-peace-at-stake-in-australian-gas-exit/102167908

Key points:

A gas company executive says Japan has been rattled by government interventions in Australia's gas industry
He says Russia, China and Iran will likely fill any void if Australia exits LNG production
A Japanese ambassador says his country depends on Australia for resources

https://www.statista.com/statistics/1262074/global-lng-export-capacity-by-country/

Will Australia shoot itself in the foot?

My opinion is that Australia does not want to lose its market share to lng producers such as qatar and usa. I expect a solution in which low-co2 gas will be regarded as green. See also the turning of the EU.

https://www.abnnewswire.net/press/en/116433/Tamboran-Resources-Limited-(ASX-TBN)-Market-Update-Safeguard-Mechanism.html

https://www.hartenergy.com/exclusives/dug-haynesville-tamboran-resources-dick-stoneburner-lng-markets-watch-204592

“Tamboran Resources Chairman Dick Stoneburner discusses LNG market dynamics in Australia, Asia and the Gulf Coast at Hart Energy's DUG Haynesville Conference in Shreveport, Louisiana. “

https://www.minister.industry.gov.au/ministers/king/speeches/resources-statement-parliament

“Some fail to acknowledge this, but Australia’s coal and gas resources are essential for energy security, stability and reliability both domestically and across the Asia-Pacific and will be needed for decades.

From Hanoi to Hyderabad, Seoul to Singapore, families rely on Australia’s natural resources to provide the energy security they need.”

“Tamboran is already leveraging the low carbon gas we have the Beetaloo Basin to be Net Zero in our Company’s Scope 1 and 2 emissions from first commercial production.”

“The Greens have claimed these amendments restrict the Beetaloo Basin’s development. This is 100 per cent wrong. Tamboran’s progressive Sustainability Plan was and is doing everything already called for in these amendments. This is a decisive political failure for the Greens who have campaigned to destroy industry, jobs and real progress on emissions reductions.

“The amendments the Greens demanded to the Safeguard Mechanism are captured already under existing 2017 NT Government’s Pepper Inquiry that has been guiding our development for many years.

“Mr Bowen’s statement states it all, the requirements placed on the Beetaloo Basin’s development simply have to comply with the Pepper Inquiry’s recommendation to use available technology and policy to achieve Net Zero Scope 1 emissions.”

https://www.tamboran.com/tamboran-response-to-greens-changes-to-safeguard-mechanism/

https://www.afr.com/companies/energy/greens-changes-to-safeguard-won-t-stop-us-beetaloo-developers-say-20230327-p5cvlb

https://www.proactiveinvestors.com.au/companies/news/1009204/tamboran-resources-strengthens-board-with-appointments-of-former-federal-minister-and-oil-gas-executive-1009204.html