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Pipeline reforms another step towards securing globally competitive gas for consumers - 3 May 2021

Chemistry Australia welcomes the Federal Government’s announced package of regulatory reforms to gas pipelines to support manufacturing as part of Australia’s gas-fired economic recovery.

Chemistry Australia CEO Samantha Read said pipeline reform is one of many strategic improvements needed to deliver globally competitive gas for Australian manufacturers and to strengthen Australia’s supply chain security.

“The Australia chemistry industry strongly supports reforms that will stimulate investment in gas pipelines to deliver more gas to the market, and increase transparency for consumers,” said Ms Read.

“These improvements will ensure manufacturing continues to play its important role in the economy while adding significant value to Australia’s natural gas resources.

“Our manufacturers need greater access to competitively priced gas to continue underpinning jobs and manufacturing skills, and to supply critical inputs to 108 of 114 industries across the Australian economy.

“We welcome the Government’s work to address gas market reforms in line with the principles of the National Energy Objectives, where investment is clearly focussed on benefits for consumers.

“Chemistry Australia and its members look forward to working with the Government on the industry consultation process for the legislative package.”

 

Media contacts:

Shayna Welsh – swelsh@chemistryaustralia.org.au or 0448 660 443


Chemistry Australia is the pre-eminent national body representing the Australian chemistry industry, one of the largest manufacturing sectors in the country. The industry supports more than 212,000 full time jobs and contributes more than $38 billion to Australia’s GDP. Members of Chemistry Australia are positioned across the entire value chain including manufacturers, importers and distributors, logistics and supply chain partners, raw material suppliers, fabricators, compounders, recyclers, research, academia and service providers to the industry. These businesses range from small family-owned companies to leading national and multinational enterprises.


 

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