The economic contribution of the Australian gas economy in 2021-22

ACIL Allen was engaged by Gas Energy Australia to provide estimates of the economic and employment contribution of the Australian gas economy for the financial year 2021-22. It is an update of the calculations provided to GEA for the financial years 2020-21. This type of footprint analysis provides the direct and indirect (upstream and downstream) contributions of the gas economy to the Australian and state economies in terms of employment and Gross State Product/Gross Domestic Product (GSP/GDP). 

The study covers all aspects of the supply and consumption of a range of gaseous fuels, including:

— Natural gas in gaseous form

— LNG for export

— Micro-LNG for domestic use (limited use in 2021-22)

— LPG

— CNG

— Hydrogen