Katter Applauds APLNG Backing for Gas Reserve Policy, Slams Industry Opposition

September 1, 2025
Standing in front of the acid plant in Mount Isa, Federal Member for Kennedy Bob Katter and Queensland State Member for Traeger Robbie Katter threw their full support behind APLNG’s call for a domestic gas reserve policy, labelling the move “long overdue,” while taking aim at the Australian Energy Producers peak body for pushing to delay any action until 2031.

“We’re selling our country’s gas for six cents a unit and buying it back for $16.60, how dumb are we?” Mr Katter said.

“We don’t make money shipping it overseas. It’s time we stop exporting our energy advantage and start looking after our own people and industry.”

APLNG’s support for a Reserve Resource Policy (RRP) marks a key moment of alignment between resource giants and the KAP, who have long warned that Australia’s failure to secure domestic energy supply would decimate critical regional industries.

“Three-quarters of what you see in Mount Isa relies on gas for chemical production, for metals processing, for power. Without a reserve policy, three-quarters of this industry vanishes,” Mr Katter warned.

Mr Katter recalled agreements made during his time in government, where gas was secured at $6 per unit for 25 years. But those contracts expired decades ago, and without a domestic reserve, Australians now pay nearly three times more to buy their own gas back from exporters.

“We had a deal. We switched from gas to coal, locked in a price of $6 a unit. That deal’s long gone. Now, we’re paying $16.60 for our own gas. Meanwhile, Qatar earns $29 billion a year from gas exports. We export the same amount and get only $600 million. This is how dumb we are.”

Mr Katter also raised concerns about the foreign ownership of major Australian assets, including ports and critical mining infrastructure.

“Newcastle is owned by China. Mount Isa is owned by Zurich. Is there anything left that we actually own? If you’re going to sell your country off, at the very least, make sure we get a quid out of it.”

The Katters are urging both federal and state governments to immediately implement a domestic gas reserve policy – not in 2031, but now – to protect Australian industry, regional jobs, and the nation’s energy security.

ENDS

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