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Tasmanian
Gas Pipeline
Fuelling
Tasmanian
jobs, energy
security and
growth
The Tasmanian Gas Pipeline (TGP) is proud to directly support close
to $1 billion worth of economic output, over 4,200 direct Tasmanian
jobs and over 8,550 jobs in total.
According to economic analysis prepared by Deloitte Access
Economics, which confirms the significant contribution Tasmania’s
only bulk supplier of natural gas makes to the state, the TGP also
helps to ‘maintain and sustain’ Tasmania’s manufacturing sector by
providing a reliable and competitive source of clean energy and
adds to the state’s energy security by supplying the Tamar Valley
Power Station.
The $970 million in value the pipeline adds to Tasmania’s economy is
equivalent to three per cent of the state’s GSP and the 8,550 jobs it
supports makes up 3.4 per cent of Tasmania’s total employment.
Natural gas makes up a vital component of Tasmania’s energy
mix and will continue to be important as the state transitions to
renewable energy.
As the cheapest and most-efficient source of heat for manufacturing,
natural gas plays a vital role in ensuring some of Tasmania’s largest
employers can continue to be competitive, both locally, nationally
and further abroad.
Local capacity and employment are always important, but at a time
when every job is precious and the economy moves to recover from
the impact of COVID-19, they are now more important than ever.
In addition to supporting jobs, natural gas’ contribution to the
energy mix will continue to provide energy security to Tasmania as
the state moves towards a renewable energy future.
The report also highlights the key role natural gas can play in
supporting Tasmania’s COVID recovery, identifying a number of
industries heavily reliant on gas that offer significant opportunities
for export growth in the coming years.
We are committed to continuing to work with industry, Government,
the community and energy providers both now and into the future.
Lindsay Ward
CEO
Tasmanian Gas Pipeline
A copy of the Tasmanian Gas Pipeline Economic Analysis prepared by Deloitte Access Economics is
available at: https://www.tasmaniangaspipeline.com.au/economic-benefits-of-gas-to-tasmania
