Please attribute the following to APA CEO and Managing Director, Adam Watson.

Australia has a comparative advantage over most nations in terms of energy availability. We are optimistic the outcomes of the Federal Government’s Gas Market Review will help unlock this advantage for the domestic economy, providing the certainty needed for the gas sector to invest to unlock supply and the supporting infrastructure to get it where it’s needed.  

We encourage the Government, as they finalise their recommendations, to ensure that any additional regulatory powers do not inhibit or delay the much needed private investment required to bring their ambitions to life. APA is ready and willing to continue to invest in the infrastructure required to transport and store more gas around the country, but the regulatory and policy settings must encourage this investment.
 
Governments across Australia now need to move quickly. Energy infrastructure underpins Australia’s economy. Without ready supplies of gas and reasonable energy prices, industry and productivity will suffer. Manufacturing Australia was right in calling out that uncertainty around gas supply and energy prices is negatively impacting our domestic industrial sectors and they are right in calling for, among other measures, fast-tracking priority gas transmission and storage projects.

Now is the time to prioritise unlocking domestic gas and supporting infrastructure.  And we must stop suggesting that there will be uneconomic subsidisation of LNG import terminals - we have enough affordable domestic supply right under our feet.