Chamber Welcomes Government Gas Announcement


Release Date: 2/05/2018
The TCCI today welcomed the announcement that Hydro Tasmania and the Tasmanian Gas Pipeline have accepted the arbitration outcome.

“This is great news for all Tasmanian gas consumers, particularly the larger customers,” TCCI CEO Michael Bailey said.

“We will have certainty of pricing, which is critical for core Tasmanian industries such as mineral processing and advanced manufacturing, which rely heavily on natural gas.”

Mr Bailey said Hydro Tasmania’s contract for the Bell Bay Power Station essentially underwrites the whole gas market.

“With certainty comes the ability of more businesses to commit to gas as a power source.

“We need the full range of power options to be available for all Tasmanians – hydro power, solar, wind – and gas.”
 
Contact: TCCI Chief Executive Michael Bailey – 0437 322 338 

 




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