NT Budget Highlights Gas as Key to Economic Growth

Australian Energy Producers welcomes the Federal Opposition's commitment to expedite consideration of the North West Shelf extension alongside broader reforms to limit activist challenges to approvals and provide more certainty for critical projects.

Australian Energy Producers Chief Executive Samantha McCulloch said regulatory uncertainty and approval delays were a major barrier to new gas supply around Australia and were damaging Australia's competitiveness for investment.

"The Opposition's proposed reforms recognise the need for an effective and streamlined regulatory environment to provide greater certainty and attract investment in urgently needed new gas supply," Ms McCulloch said.

"Australian gas producers are committed to providing reliable gas supply to Australians, but open-ended approval processes and activist lawfare are delaying critical projects and putting Australia's energy security at risk."

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