APA Group

👉 Check out our new brand video to learn more about APA Group and our commitment to being a leader in the Australian energy industry, powering communities and businesses across the country. 👈

APA has launched a new website 💻✨ Our refreshed site offers a streamlined user experience, enhanced navigation, and easy access to critical information about our operations, regulatory compliance, and community initiatives. Explore the new site today and see how we’re evolving to better serve our stakeholders → https://www.apa.com.au Want to share your thoughts? → https://lnkd.in/g8Q7bvTb

We agree, Madeleine King. Natural gas has a critical role to play in ensuring energy security, supporting the accelerated development of renewables and powering essential Australian industries. The Federal Government’s Future Gas Strategy is clear that Australia needs gas for decades to come. The ACCC and Australian Energy Market Operator (AEMO) have sounded the alarm on the risk of gas shortfalls. So as a nation, we need to get on with unlocking domestic gas.

Our CEO, Adam Watson, recently sat down with The Australian to discuss the importance of keeping energy costs low and regulatory certainty in the energy sector. Check it out! https://lnkd.in/gWY_8Y54

We're excited to be featured in The Australian Business Review's annual CEO Survey! Our CEO, Adam Watson, shares his thoughts on the Australian economy, the geopolitical landscape, and the role of natural gas in the energy transition. Read more 🔒 → https://lnkd.in/gWY_8Y54

The Australian Energy Regulator (AER) has released a draft decision not to convert Basslink into a regulated Transmission Network Service Provider. The AER’s decision follows APA Group’s application in September 2023 to convert Basslink from a contracted Market Network Service Provider (MNSP) into a regulated asset. APA made a commitment during the 2022 acquisition process to seek to convert Basslink to a regulated asset under an agreed consultation process with the Tasmanian Government. The consumer benefits modelling undertaken by ACIL Allen on behalf of the AER as part of the regulatory conversion process found, in 10 of the 12 scenarios considered, that regulation of Basslink provided an average economic benefit to consumers of $1.6 billion for the period 2025 to 2050, compared to the counterfactual scenario of trading electricity as a non-contracted MNSP. If the draft decision is confirmed, APA will proceed with plans to trade Basslink as a non-contracted MNSP once the current Hydro Tasmania contract ends on 30 June 2025. Read full ASX Release → https://lnkd.in/gnjq84Kc 

APA Group announced the execution of a Development Agreement, long-term Gas Transportation Agreement and Connection Agreement with Tamboran Resources Corporation and Daly Waters Energy, LP for the Sturt Plateau Pipeline (SPP) connection in the Northern Territory. APA Group CEO and Managing Director, Adam Watson, said the project highlights both ongoing growth opportunities across APA’s gas transmission network and its critical role supporting energy security and transition.   “The development of the Beetaloo Basin is in the national interest. We know there are significant risks of domestic gas shortfalls in the years ahead and that new sources of supply will be required from 2028 to meet supply gaps. This new infrastructure is critical to ensuring gas from the Beetaloo will be available to power the Northern Territory as existing gas supply sources deplete.”   The development is subject to certain milestones being met, including obtaining third-party approvals such as a pipeline licence. Read full ASX Release → https://lnkd.in/g6rQNymp 

Australia's energy security is a growing concern, and with coal power stations aging the risk of blackouts is increasing.   Gas offers a reliable solution to bridge the gap between renewable energy sources and ensure a stable energy supply.   Hear from Adam Watson, CEO and Managing Director, on the crucial role gas plays → https://lnkd.in/gfwFkNMe

APA Group welcomes the Australian Energy Regulator’s final decision to maintain light regulation for the South West Queensland Pipeline. The decision builds confidence to continue making the necessary investment in our East Coast Gas Grid to help meet gas demand on the east coast and support energy security for our customers and energy consumers. APA Group CEO and Managing Director Adam Watson noted, “We are committed to working with customers to get more, much needed, domestic gas to market along the east coast. We will confirm our expansion plans for the East Coast Gas Grid in the coming months.” Full ASX Release → https://lnkd.in/gMjEcZBA 

Last week, we welcomed the Clontarf Foundation Cairns Academy to our Perth office during their Interstate Graduation Trip.  These eight impressive young men, who recently completed Year 12, delivered heartfelt presentations about their Clontarf journey, sharing their growth and achievements with incredible courage.  The visit was a testament to the strength of the Clontarf-APA partnership, and we’re so proud to support these future leaders.