Demand for gas to spur exploration in Cooper, Otway basins – report

South Australia’s Cooper and Otway basins are poised for greater exploration on the back of higher gas demand from the eastern states, a new report by consultancy firm Core Energy has found. The report, commissioned by the South Australian Department of State Development and published this week, noted that by 2018, yearly demand in the eastern Australia gas sector would approach about 2 000 PJ, rising from an historical high of about 700 PJ.