Gas Week

EWN Publishing

NSW Gas Demand 2000-2030 – base case

Posted by gasweek on 18 September, 2007

NSW gas demand base case forecast: For the Owen Review, Wood Mackenzie built a gas supply forecast based on a project by project analysis of 2P (Proven plus Probable) gas reserves and supply capacity. In addition, it evaluated a portion of the 3P (Possible) gas reserves of specific CSG projects that it believed was capable of development and production within the period to 2030. For this report, Wood Mackenzie provided this analysis on a total supply basis for Eastern Australia, with future production divided into three categories, each with a different degree of certainty that the gas will be delivered to market.

The three categories were:

• existing Contracted production;

• uncontracted remaining reserves, and the

• likely Additional Potential gas.

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