Gas shortfalls for eastern states worse than predicted just months ago, ACCC warns
by Peter Hannam from on (#6P00P)
Projections of shortfalls - and calls for more production - come even as the bulk of gas produced in Australia is exported
- Follow our Australia news live blog for latest updates
- Get our morning and afternoon news emails, free app or daily news podcast
East coast gas shortfalls could emerge as soon as 2027, a year earlier than was forecast six months ago - and in some states in 2026 - unless new sources of supply are made available, the competition watchdog has warned in a report.
Released on Friday, the Australian Competition and Consumer Commission report does not cover the supply squeeze that prompted the market operator last month to issue a threat notice" of potential shortfalls of the fuel in southern states, amid production issues and a prolonged cold snap.
Continue reading...