Coal Seam Gas

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Date Submitted: 12/04/2012 06:17 AM

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Stakeholder Management and Engagement on Coal Seam Gas in Australia

Background:

Coal Seam Gas industry in Australia:

In Australia, CSG is plentiful. Australia has about 250 trillion cubic feet of coal-seam gas reserves, enough to power a city of one million people for 5,000 years, according to industry estimates. CSG has been known about ever since the coal mining industry began in Australia in the early 1900's. With advances in technology, it has developed into a key transition fuel, helping to lower our carbon emissions as we move to a low carbon future. CSG now makes up a significant proportion of Australia’s natural gas supply, with the Australia Pacific LNG Project providing the largest CSG resources in Australia.

Coal seam gas has emerged as a major industry in Australia in little more than a decade. The scale and speed of its growth has been nothing short of astonishing: billions of dollars have poured into regional areas; new jobs have been created; state and national coffers have swelled; export contracts have been signed and sealed; massive liquefied natural gas facilities have been approved for construction at regional ports.

Key Stakeholders’ Concerns and Interests

The stakeholders include the CSG companies (Mining peak body, Mining contractors, Mining Company), local farmers, protest group (Environmentalists) and the authority (Government, community groups). The following table demonstrates the stakeholders’ goal, value and perspective.

Table for the goal, value and perspective of each stakeholder

Stakeholder | Goal | Value | Perspective |

CSG companies | ·Keep corporation sustainability·preserve the status in the industry·improving resource efficiency·securing long term viability in the marketplace | ·maximizing benefits·keep their ethical responsibilities·keep competitive advantages | ·CSG extraction technology is environment-friendly· they take responsibility to keep the environment |

Local farmers | ·prevent the CSG negative effects...