Australian Energy Minister Chris Bowen speaks to the media during a press conference on the Gas Market Review
Australia gas security faces fitness test
Reassessment of the country’s export-facing gas policy coincides with worsening domestic market backdrop
The Australian government has launched a comprehensive review of its key gas market safeguards, examining whether short-term crisis measures can be adapted for long-term energy stability. Originally scheduled as a mid-2025 review of the Gas Market Code, the process has since been expanded to include the Australian Domestic Gas Security Mechanism (ADGSM) and the non-binding heads of agreement (HOA) with LNG exporters. Announced on 30 June and due to conclude by 15 August, the broadened scope of the Gas Market Review transforms what began as a narrow technical check-up into a higher-stakes reassessment of Australia’s export-facing gas policy. In public statements, Energy Minister Chris Bowen a
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
