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
21 August 2025
The administration has once more reduced its short-term gas price forecasts, but the expectation remains the market will tighten over the coming year, on the back of
19 August 2025
ExxonMobil’s MOU with SOCAR, unveiled in Washington alongside the peace agreement with Armenia, highlights how the Karabakh net-zero zone is part of a wider strategic realignment
19 August 2025
OPEC and the IEA have very different views on where the oil market is headed, leaving analysts wondering which way to jump
15 August 2025
US secondary sanctions are forcing a rapid reassessment of crude buying patterns in Asia, and the implications could reshape pricing, freight and supply balances worldwide. With India holding the key to two-thirds of Russian seaborne exports, the stakes could not be higher