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Assisting the transition away from coal
The Australian energy market is in a state of transformation from traditional coal-fired electricity generation to renewable sources. Natural gas provides an ideal transitional fuel, being cleaner than coal, a reliable complement to renewables, and able to respond relatively quickly to fluctuating network supply and demand.
Central Petroleum, through our existing oil and gas production base, new development projects and enormous exploration potential, is well-positioned to play an increasing role in Australia’s energy future.