Australia’s East Coast market running out of time
Looming supply shortfalls will force some difficult political decisions
Time is running out for Australia’s East Coast gas market, with projected supply shortages edging inexorably closer and the number of viable solutions dwindling. The Australian Competition and Consumer Commission (ACCC) issued a fresh warning in early July over the situation, noting that supply shortages could emerge sooner than expected in 2027. The ACCC’s alert came three months after the Australian Energy Market Operator (AEMO) published its annual Gas Statement of Opportunities (GSOO) in March, declaring that gas supply shortfalls would likely appear in 2028. While the market operator expected demand to fall, it said, “gas production is forecast to fall faster” and described new supply i
Also in this section
11 February 2026
Panellists from three LNG buyers at LNG2026 in Doha outlined their evolving procurement strategies as they navigate heightened market volatility
11 February 2026
North African producer plans to boost output by early 2030, with Europe its number one priority as export destination
11 February 2026
Maritime leaders at LNG2026 warned of the dangers of over-regulation on competitiveness, sustainability and innovation
10 February 2026
The country has opened bidding on 50 blocks in a new licensing round but will face competition for attention and will need to address concerns about security and legislation
