After more than 50 years, the Esso-BHP Gippsland Joint Venture is still the largest supplier of gas to the eastern Australia market. Esso Australia (Esso) provides all of its Gippsland gas directly to Australian domestic market, where it’s an essential source of energy for Australian homes and businesses as well as electricity generation.
Currently, around 40% of all gas used in eastern Australia comes from the Gippsland Basin Joint Venture. During winter, when people in our colder southern states rely on gas-powered heating to keep them warm and healthy, the Gippsland Basin supplies almost 80% of Victoria’s gas.
By selling all of our Gippsland gas to customers right here in Australia, Esso is proud to deliver essential energy that powers Australian communities and businesses.
“Since drilling the first Bass Strait well in 1965, our operations have delivered more than four billion barrels of oil and 10 trillion cubic feet of natural gas to Australia. That’s more than half of all the oil ever produced locally, and enough gas to power almost every home in Australia for a decade,” said ExxonMobil Australia Chairman, Dylan Pugh.
Today, Esso continues to focus on delivering gas that Australians need to the domestic market, directly supporting hundreds of jobs in the Gippsland region while indirectly supporting thousands of other Australian jobs.
“Our team includes more than 350 people who call Gippsland home, working every day to provide the essential energy Australia needs,” said Dylan.
“We are also focused on identifying and assessing any opportunities for us to maintain our role as a key supplier of Australia’s energy into the future.
“For example, our West Barracouta project recently delivered additional gas supplies to the Australian market in time for winter. We are actively reviewing other potential investments which could see us access more Gippsland gas for Australia.”
Esso is also looking at new opportunities for our business, such as the recent announcement of our agreement with Air Liquide.
“The agreement will see Air Liquide build a brand new facility to process CO2 from our Longford Gas plants, enabling them to provide the in-demand gas in various forms for use by Australian businesses,” said Dylan.