It is amongst the lowest-carbon sources of LNG globally that can be delivered to our north Asian customers, she said.
Carbon-neutral energies are not yet ready to meet the worlds energy needs. This is particularly apparent for our customers in Asian countries where hundreds of millions of people still rely on more carbon-intensive fuels, or lack access to modern essentials like refrigeration and heating.
There was no confusion about gas role from protesters outside.
We understand the imperative to act to address climate change and we are playing our part. We know our community and our investors expect this. Our plans are aligned with the goal of net zero by 2050 a goal that is shared by Woodside, Western Australia and a number of our Asian neighbours.
Woodside will be progressing new energy technologies, like hydrogen, ammonia and renewables, that can help our customers accelerate the transition to a lower carbon future.
Santos managing director and chief executive Kevin Gallagher said on Tuesday that Dr Forrest was entitled to his views, which seemed to change from time to time.
Weve got a pathway to 2040 that gets us to net zero and I havent seen any other company in the sector that has got something equivalent to that, he said.
We are very proud of the efforts we made on Barossa. The design changes Santos drove on that project over the course of the times since we owned it and turned it around prior to taking FID [final investment decision] resulted in a 25 per cent emissions reduction from that project.
Its now in line with other LNG projects in the region and other planned LNG projects in the region so it is very consistent with those types of projects.
Andrew McConville, chief executive of event organiser the Australian Petroleum Production and Exploration Association, said Dr Forrest was himself trying to build a gas import terminal at Fort Kembla in New South Wales, and a gas power station.
It sounds as though he would prefer to have no competition from other projects, Mr McConville said.
Mr Forrests comments make no sense given the majority of experts agree that natural gas is a pathway to a large-scale hydrogen industry.
Australias LNG export success means the Australian upstream oil and gas industry has the technology, expertise, commercial and trade relationships to make hydrogen exports a reality.
Santos managing director and chief executive Kevin Gallagher at the conference.Credit:Peter de Kruijff
Developing a local hydrogen industry could enable lower emissions both in Australia and internationally, reduce energy costs, deliver energy security, together with new employment and manufacturing opportunities.
Squadron Energy, part of Dr Forrests Tattarang group, owns Australian Industrial Energy which states on its Port Kembla project web page that a secure, affordable supply of natural gas is fundamental to Australias economy.
Emissions from Dr Forrests Fortescue Metals Group in 2019-20 were just under 2 million tonnes, more than Arrow Energy, Beach Energy, and only just behind ExxonMobil and ConocoPhillips.
When FMG moved from diesel to gas in 2014, it advocated for the development of more gas reserves in Australia.
But in January, Dr Forrest gave a lecture titled confessions of a carbon emitter in which he was upfront about Fortescues carbon emissions.
Further, FMG has outlined a range of initiatives to support its 2030 carbon neutrality target.
WAtoday asked Dr Forrest for more information on his stance on gas role in the global transition to a greener economy.
Meanwhile, there was no confusion from protesters outside the APPEA conference.
They waved signs bearing quotes from a recent International Energy Agency report recommending no new fossil fuel projects go ahead.
Lock the Gate Alliance WA spokeswoman Claire McKinnon said the conference was like the tobacco industry holding a love-in.
The simple fact is the industries APPEA represents threaten communities and water, they threaten intact, healthy ecosystems, they threaten sustainable industries like farming and tourism, and they threaten humanity itself because extracting more fossil fuels is inconsistent with keeping global warming to a minimum, she said.
350 Perth campaigner Anthony Collins said the discussions held and deals made at the conference would undoubtedly result in plans for more fossil fuel extraction.
This is despite an ever-closing net beginning to constrict this industry and the financial means to get their projects off the ground, he said.
Mr Collins said without drastic change the companies would lose their social licence to operate.
As if in anticipation, APPEA also on Tuesday unveiled the industrys first social licence report.
Mr McConville said it showed support for Australias oil and gas industry was 47 per cent, opposition at 19 per cent and strong opposition such as that from activists at just 7 per cent of Australians.
He said the report captured a snapshot of the work in the industry to build trust across the country and give back to Australians.