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
13 March 2025
Gas will become a more important part of the energy mix longer-term raising the alarm for much-need investment as supply struggles to keep up with demand
13 March 2025
The spectre of Saudi Arabia’s 2020 market share strategy haunts a suffering OPEC+ as Trump upends the energy world
12 March 2025
Petronas-Eni eyes joint venture to prioritise key gas developments, with huge opportunities for growth in Indonesia and a steady Malaysia portfolio
12 March 2025
Bearish market sentiment and bullish long-term outlook for oil and gas consumption prevails at CERAWeek