Oil and Gas News

Social licence report unveils importance of natural gas

APPEA

The Australian Petroleum Production & Exploration Association (APPEA) has released its first social licence report, highlighting the work the industry does to build trust across the country.

Chief executive Andrew McConville said the report brings attention to how the oil and gas industry is building trust in the community as well as creating thousands of jobs and protecting the environment.

“Our challenge isn’t to fight the professional activists who ignore credible science, attack shareholders and dismiss experts,” McConville said.

“Our challenge is to meet and exceed the expectations of our communities and shareholders. That’s why, today, APPEA is proud to be publicly releasing our industry’s first Social Licence Report.”

McConville said one of the interesting findings in the report is the independent research undertaken over the past two and a half years, and most recently in April 2021, about community sentiment towards the oil and gas industry.

“It consistently shows Australians cite employment and jobs – 45 per cent – and climate change – 31 per cent – as among their top three issues of importance. There has been an understandable spike in health as an issue over the past 18 months,” he said.

“Support for Australia’s oil and gas industry is at 47 per cent, which is almost two and a half times higher than opposition at 19 per cent; and strong opposition such as that from activists sits at just 7 per cent of Australians.”

The report reveals that there is strong support for the role of natural gas in Australia’s future energy mix, with more than 70 per cent in agreement.

McConville said it was now vital to keep making independent, balanced information available to community members who wish to know more, especially when it comes to climate change.

“It is a fact that natural gas plays a vital role in reducing Australia’s and Asia’s emissions. Australian liquefied natural gas is helping to reduce emissions in importing countries by about 170 million tonnes each year,” he said.

“Natural gas plays an important role in balancing renewable energy and our industry is also leading the world in the practical development of carbon capture and storage and hydrogen to ensure a clean energy future.”

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