Australia is at a critical junction
Australia’s domestic gas issues threaten exports
And a lack of fresh developments means supply is set to tighten
Australia is at a critical junction. The country vies with Qatar and the US as the world’s largest LNG producer, at a time when the liquefied fuel is more vital to the balance of global energy supply than ever before. But the country has also experienced gas supply shortages at home, prompting the government in Canberra to intervene in the domestic market and threaten the LNG export sector. And the looming shortfall in domestic supply is set to worsen as fields mature without fresh volumes coming online, due at least in part to public environmental opposition. Graeme Bethune and Rick Wilkinson, chairman and new CEO respectively at Australian consultancy Energy Quest, spoke with Petroleum Eco
Also in this section
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
22 January 2026
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub
21 January 2026
Petroleum Economist takes a look at the critical developments that look set to govern the course of the market for this year
20 January 2026
The ripple effects of US refiners switching to Venezuela grades will be felt from Canada to China and everywhere in between
