Australia’s changing gas risks
Australia’s East Coast Gas projections for a supply shortfall have been pushed further out, but the challenge to meet evolving gas demand and the shifting assumptions around the fundamentals remain just as stark
Australia’s East Coast gas market was expected to face supply shortages this year. That was according to the Australian Energy Market Operator’s (AEMO) 2024 Gas Statement of Opportunities (GSOO), which projected peak-day constraints from 2025 and seasonal shortfalls from 2026. AEMO’s 2025 GSOO, however, has delayed those shortfalls until 2028 in what is the latest in a string of revisions that, depending on the interpreter, either show a system adapting or a threat overstated. In July 2024, this publication reported that AEMO’s projections showed the East Coast gas market as standing on a precipice. Less than a year later, the edge has shifted. But rather than being a simple revision, this c
Also in this section
6 February 2026
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal
6 February 2026
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
6 February 2026
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
5 February 2026
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
