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Energy’s electric shock
The scale of energy demand growth by 2030 and beyond asks huge questions of gas supply especially in the US
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Egypt’s government was already preparing for potential energy shortages this summer, and the loss of Israeli gas supply has made things worse
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The country is facing energy shortfalls this summer amid reduced Iranian gas imports and difficulties leasing an FSRU
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Weaning poorer regions off coal means gas needs to be abundant and competitive longer term
Do not underplay China’s long-term gas growth narrative
A subdued market amid global trade tensions is just an aberration in gas’ upward trajectory
Is a Russia-Iran gas deal on the horizon?
Russia has ample spare gas, and Iran needs it, but sanctions and pricing pose steep hurdles.
Europe’s hard choices on gas security
EU half measures over storage regulation, geopolitical risks to ending Russian gas, power outage questions and China’s LNG resale leverage make for a challenging path ahead.
US AI to power gas growth
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Europe enjoys temporary respite from high gas costs
More than anything else, weak Chinese gas demand is providing relief to EU consumers, but it is uncertain how long this relief will last
Australia Gas
Andrew Kemp
Melbourne
10 July 2020
Follow @PetroleumEcon
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Letter from Australia: Gas-fired recovery hits turbulence

The Australian government’s vision is at risk of unravelling under intense scrutiny

The administration of Australian prime minister Scott Morrison unveiled its ‘gas-led’ recovery plan as recently as May, but it is already under withering and effective fire—from both some expected and some less-familiar foes. Australian energy minister Angus Taylor has called for greater gas production that is ringfenced for the local market, as well as increased consumption of the fuel within the power sector. At first glance, this sounds exactly the direction the country should be taking, given it is forecast to see a gas supply shortfall within the next five years. But there is a catch. The minister’s plan, it seems, has not only infuriated the environmental lobby, but also upset the upst

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