BP puts brakes on Kwinana clean fuel plans
BP has stood down contractors working on its biofuel plant just weeks before discovering if its adjacent green hydrogen project will win $1 billion of government backing.
The Waitsia gas project in the Perth Basin is jointly owned by Beach Energy and the operator Mitsui.
Plentiful and cheap gas to WA may be undermined by pressure from North West Shelf LNG participants and Perth Basin producers for the McGowan Government to weaken its ban on the export of onshore gas.
Santos' Reindeer gas field will fill with water sooner than expected and the production loss will add to concerns about the supply of gas to WA this decade.
Fortescue and Mitsui appear to have agreed massive emissions cuts with WA's environmental watchdog that is now looking at Woodside and Chevron LNG projects.
WA Premier Mark McGowan has extended WA's successful gas reservation policy to all onshore gas - except Waitsia that is backed by a powerful media boss Kerry Stokes
As Environment Minister in 2006 Mark McGowan led the way to ensure gas projects offset some of their emissions. Now as Premier he may need to choose between climate credibility and the interests of WA's most powerful man.
WA Premier Mark McGowan wants eastern states businesses hurt by high gas prices to move west, but there is no certainty about ongoing cheap gas in WA.
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