The Port Kembla Gas Terminal will be vital to avoid supply shortfalls
Australian gas market poised for ‘transformation’
Timely delivery of new projects will be vital to avoid shortfalls, AEMO says
Australia’s east coast gas market is “on the cusp of transformation”, the Australian Energy Market Operator (AEMO) says in its 2021 Gas Statement of Opportunities. But rapidly declining production flexibility means there is potential for supply shortfalls in coming years unless new projects are delivered on time. Chief among these developments, AEMO says, is the proposed Port Kembla Gas Terminal (PKGT) in New South Wales. Faith in imports The $250mn ($193.5mn) PKGT project, promoted by Australian Industrial Energy (AIE), is largely responsible for AEMO’s more bullish short-term supply forecast. Its timely startup would, according to AEMO calculations, delay an anticipated gas supply shortfal
Also in this section
20 June 2025
The scale of energy demand growth by 2030 and beyond asks huge questions of gas supply especially in the US
20 June 2025
The Emirati company is ramping up its overseas expansion programme, taking it into new geographic areas that challenge long-held assumptions about Gulf NOCs
19 June 2025
Geopolitical uncertainty casts a pall over expectations around demand, supply, investment and spare capacity
19 June 2025
Shifting demand patterns leaves most populous nation primed to become downstream leader as China and the West retreat
