The Australian Petroleum Production & Exploration Association congratulates Prime Minister Scott Morrison and the Coalition on their victory in the Federal election.
While vote counting continues, it seems certain the Coalition will be able to form a minority or majority government.
APPEA Chief Executive Andrew McConville said the Coalition’s election success suggested the Australian community wanted a stable and balanced approach to the political and policy challenges facing the nation.
“APPEA urges a clear focus on stable energy and climate policy that enables Australians to enjoy the benefits of our abundant natural resources and manage the transition to a lower carbon economy,” Mr McConville said.
“In doing so, we must not forget the critical role natural resources play in underpinning our economic well-being and that hundreds of thousands of Australian jobs rely on a reliable, affordable gas supply.”
The oil and gas industry continues to support a national climate change policy that delivers low-cost greenhouse gas emissions reductions while facilitating long-term investment decisions, and looks forward to working with Government to achieve this.
Mr McConville said it was notable the Coalition was supported strongly in the resource-rich states of Queensland and Western Australia, where thousands of jobs and significant regional communities rely on mining and oil and gas projects.
Mr McConville thanked the Minister for Resources and Northern Australia Matt Canavan for his continued support for policies which supported those investments while addressing Australia’s long term economic, environmental and energy goals.
APPEA looks forward to working with all members of the 46th Parliament to build support for those goals.