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Australia faces potential winter gas shortage, regulator warns
- The ACCC warns of a potential gas supply shortfall on Australia's east coast in the winter season.
- Australia's southern states face a particularly severe gas deficit, which has doubled compared to last year.
- Balancing domestic gas needs with LNG export commitments is a key challenge, with concerns about price spikes.
The Australian Competition and Consumer Commission (ACCC) issued a warning on Thursday, highlighting the potential for a gas supply shortage on Australia’s east coast during the winter season (July-September). This shortfall could occur if producers of liquefied natural gas (LNG) choose to export all of their uncontracted gas. The ACCC’s statement underscores the delicate balance […]
March 27, 2025
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