Santos Managing Director Kevin Gallagher has told delegates at the Australian Petroleum Production and Exploration Association (APPEA) Conference that the industry should back national interest tests on new LNG projects.
Speaking at the conference in Adelaide yesterday, Mr Gallagher said the industry needs to be willing to fight to show the benefits of an LNG industry, while also supporting a gas reservation policy in the Northern Territory.
“We need to sit down and take a fresh look at policy ideas that have broad community support, but to which we have been historically opposed,”? said Mr Gallagher.
“If we refuse to engage in a discussion about national interest tests and domestic gas reservation policies, we might find ourselves squabbling over the spoils of defeat.
“As an industry, we know we can be extremely proud of the benefits the LNG industry has brought to Australians through high-paying jobs, business opportunities and community investments.
“We should have nothing to fear from an independent assessment of the national costs and benefits of an LNG expansion that would build public confidence in our industry.”?