POLICY

Want to increase fuel stocks? Do as the Kiwis do

RESOURCES Minister Matt Canavan yesterday suggested the key to Australia becoming compliant with International Energy Agency fuel stock regulations wasn’t a “costly” review but exploitation of the Beetaloo sub-Basin and the Great Australian Bight, but Energy Quest CEO Dr Graham Bethune thinks the issue is more nuanced and also rests on “the immensity of Australian oil consumption”.

Want to increase fuel stocks? Do as the Kiwis do

  But he also pointed to next door New Zealand as a model for IEA compliance, despite the nation's Prime Minister Jacinda Ardern planning a halt to oil and gas exploration in favour of a renewables'...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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