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
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026
