Coal seam gas exploration to expand ...

Excerpt from ABC News:

PNG pipeline suspension may boost Qld gas search

2 February 2007

An energy analyst says the suspension of a gas pipeline between Papua New Guinea and Australia will lead to further exploration of Queensland's coal seam gas areas.

Coal seam gas is extracted from at least 10 gas fields in the Bowen Basin in central Queensland and the Surat Basin in the southern inland.

ABN Amro's Aiden Bradley says coal seam gas will be able to fill the void left by the PNG project.

"Obviously it takes a major source of potential long-term supply from the market - with gas in decline at the rate of about seven to 9 per cent per annum, with gas supplies in the east coast of Australia look like they maybe in a marginal decline position post 2012, and PNG was really the major hope of sort of filling that gap," he said.

See - Coal seam gas expansion.

Where there's coal seam gas, there's coal seam gas water ...