AGIG welcomes National Gas Infrastructure Plan and Future Gas Infrastructure Investment Framework
Australian Gas and Infrastructure Group (AGIG) has welcomed the Federal Government's release of the first full National Gas Infrastructure Plan (NGIP) and a Future Gas Infrastructure Investment Framework to help secure Australia's gas supplies over the next 20 years.
AGIG Chief Executive Office Craig de Laine welcomed the publication of the NGIP noting "gas infrastructure has a vital long-term role in securing net-zero emissions at the lowest cost for Australian industry, households and businesses".
The NGIP sets out a long-term development pathway that importantly recognises the key role for gas infrastructure today in providing low emissions, reliable energy to homes and business, and into the future in providing a platform on which to develop a thriving hydrogen industry for domestic use and export.
Mr de Laine said the release of the NGIP and the Future Gas Infrastructure Investment Framework provided more certainty for energy and infrastructure businesses.
"As Energy Minister Angus Taylor rightly stated, the government is supporting a strategic approach to gas infrastructure investment over the next 20 years that recognises the importance of natural gas in delivering reliable, low emissions energy," Mr de Laine said.
“The NGIP recognises the significant potential for existing gas infrastructure to deliver renewable gases such as hydrogen and biogas - both of which will be major contributors to the decarbonisation of the economy and achieving net zero at lowest cost."
AGIG is leading the way in the decarbonisation of Australia’s already existing gas networks. With projects rolling out in multiple states, AGIG champions the race to achieve distribution networks on a blend of up to 10% zero carbon hydrogen by 2030, with a stretch target of converting its entire network to 100% zero carbon gas by 2040, with 2050 at the latest.
Background
About AGIG
Australian Gas Infrastructure Group (AGIG) owns and operates one of Australia’s largest gas infrastructure businesses with operations across every mainland state and the Northern Territory supplying approximately 2 million customers. Operations include 40,000km of distribution and transmission gas pipelines, 60 petajoules of gas storage capacity, gas processing facilities and remote power generation.
As a business, we are also taking active steps to sustainable gas delivery today, and tomorrow. We are already leading the industry on the pathway to cleaner energy through Australia’s largest renewable hydrogen project, producing and blending renewable hydrogen into our existing gas network in South Australia known as Hydrogen Park South Australia. We have committed to deliver a number of renewable gas projects across the country and across the value chain.
AGIG’s vision is to be the leading gas infrastructure business in Australia - by delivering for customers, being a good employer, and being sustainably cost efficient.
For further information contact
Kristin Raman – Acting Executive General Manager, People and Strategy AGIG
M +61 402 858 978
James Wong – Marketing and Stakeholder Manager AGIG
M +61 409 962 827