The economics of Western Australia’s domestic gas reservation policy

Kelly Joanne Neill

Research output: ThesisMaster's Thesis

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Abstract


Western Australia's domestic gas reservation policy nominally requires Liquefied Natural Gas (LNG) exporters to supply the equivalent of 15 per cent of their export volumes to the Western Australian market. This research offers the first quantitative assessment of the economic impact of the policy in Western Australia. A partial equilibrium model of the State's gas industry is developed, representing its key features. While gas users may benefit from the policy, this trade restriction is found to impose a net cost across all Australian households, since gas resources are diverted inefficiently and the incentive for gas production and exploration is reduced.
Original languageEnglish
QualificationMasters
Awarding Institution
  • The University of Western Australia
Award date14 Mar 2017
Publication statusUnpublished - 2017

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Gas
Reservation
Economics
Western Australia
Household
Gas industry
Incentives
Resources
Economic impact
Trade policy
Exporters
Costs
Partial equilibrium model
Liquefied natural gas

Cite this

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title = "The economics of Western Australia’s domestic gas reservation policy",
abstract = "Western Australia's domestic gas reservation policy nominally requires Liquefied Natural Gas (LNG) exporters to supply the equivalent of 15 per cent of their export volumes to the Western Australian market. This research offers the first quantitative assessment of the economic impact of the policy in Western Australia. A partial equilibrium model of the State's gas industry is developed, representing its key features. While gas users may benefit from the policy, this trade restriction is found to impose a net cost across all Australian households, since gas resources are diverted inefficiently and the incentive for gas production and exploration is reduced.",
keywords = "Domestic gas reservation policy, Natural gas, Western Australia",
author = "Neill, {Kelly Joanne}",
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language = "English",
school = "The University of Western Australia",

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Neill, KJ 2017, 'The economics of Western Australia’s domestic gas reservation policy', Masters, The University of Western Australia.

The economics of Western Australia’s domestic gas reservation policy. / Neill, Kelly Joanne.

2017.

Research output: ThesisMaster's Thesis

TY - THES

T1 - The economics of Western Australia’s domestic gas reservation policy

AU - Neill, Kelly Joanne

PY - 2017

Y1 - 2017

N2 - Western Australia's domestic gas reservation policy nominally requires Liquefied Natural Gas (LNG) exporters to supply the equivalent of 15 per cent of their export volumes to the Western Australian market. This research offers the first quantitative assessment of the economic impact of the policy in Western Australia. A partial equilibrium model of the State's gas industry is developed, representing its key features. While gas users may benefit from the policy, this trade restriction is found to impose a net cost across all Australian households, since gas resources are diverted inefficiently and the incentive for gas production and exploration is reduced.

AB - Western Australia's domestic gas reservation policy nominally requires Liquefied Natural Gas (LNG) exporters to supply the equivalent of 15 per cent of their export volumes to the Western Australian market. This research offers the first quantitative assessment of the economic impact of the policy in Western Australia. A partial equilibrium model of the State's gas industry is developed, representing its key features. While gas users may benefit from the policy, this trade restriction is found to impose a net cost across all Australian households, since gas resources are diverted inefficiently and the incentive for gas production and exploration is reduced.

KW - Domestic gas reservation policy

KW - Natural gas

KW - Western Australia

M3 - Master's Thesis

ER -