https://newsletter.en.creamermedia.com
Construction|Energy|Gas|LNG|SECURITY
Construction|Energy|Gas|LNG|SECURITY
construction|energy|gas|lng|security

Australia’s most populous states face gas shortfalls from 2027

10th January 2025

By: Bloomberg

  

Font size: - +

Australia’s east coast is expected to have a shortfall of domestic gas supply from 2027 unless new gas fields are soon brought online, according to the nation’s top consumer watchdog.

Sydney and Melbourne, the capitals of the most populous states New South Wales and Victoria, already face seasonal shortfalls over the winter months as older gasfields offshore are depleted, according to an Australian Competition & Consumer Commission report on Friday.

Supply constraints in New South Wales and Victoria have usually been offset by piped gas from other states, including Queensland. The ACCC report found LNG imports would add flexibility and security of supply.

Despite being one of the world’s top three exporters of liquefied natural gas, Australia has struggled for years to ensure adequate supply for domestic consumption. This prompted the government to overhaul regulations, allowing it to intervene and limit exports of LNG.

In December, construction on Australia’s first LNG import terminal was completed in New South Wales after being developed by billionaire Andrew Forrest’s private venture Squadron Energy.

Edited by Bloomberg

Comments

Showroom

Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 
Hanna Instruments (Pty) Ltd
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 21 February 2025
Magazine round up | 21 February 2025
21st February 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.121 0.212s - 167pq - 2rq
Subscribe Now