Accc Warns Winter Gas Shortfalls For Southern States Reliance On The largest, the iona gas storage facility, will be critical to meeting peak demand periods in the southern states during winter. iona supplies major demand centres and serves a range of customers, including producers, retailers and commercial and industrial gas users. An interim report into australia’s gas supply warned that southern states would continue to risk supply shortfalls in the winter months, and would continue to rely on supply from queensland.
Accc Warns Winter Gas Shortfalls For Southern States Reliance On Australia’s energy market will enter winter 2026 without any surplus gas generated by fields in new south wales and victoria, leaving it vulnerable to shortages when demand is seasonally highest, the competition regulator has warned. The numbers: the accc’s march 2025 update for the inquiry into gas supply reports that the forecast gas shortfall in south eastern states is expected to reach a record high of 40 petajoules in the september quarter. the projected shortfall in the period is 3 petajoules higher than last forecast and twice as large as the shortfall in q3 2024. Southern states such as victoria, new south wales, and south australia are projected to face winter shortages despite an overall surplus across the east coast. these regions depend on gas transported from queensland, which raises logistical and infrastructure concerns. In the south eastern states, the forecast shortfall is now expected to reach a record high of 40 petajoules in the september quarter unless the lng producers keep some uncontracted gas at home, the australian competition and consumer commission said.
Accc Again Warns Southern States On Gas Supply Pesa Petroleum Southern states such as victoria, new south wales, and south australia are projected to face winter shortages despite an overall surplus across the east coast. these regions depend on gas transported from queensland, which raises logistical and infrastructure concerns. In the south eastern states, the forecast shortfall is now expected to reach a record high of 40 petajoules in the september quarter unless the lng producers keep some uncontracted gas at home, the australian competition and consumer commission said. The albanese government has been forced to secure a deal to secure gas supply this winter following a warning from the consumer watchdog of a drastic shortfall in southern states. Australia’s competition regulator has warned australia’s east coast gas supply continues to be in decline, which means southern states including nsw, victoria, south australia and tasmania will need to continue to reply on queensland to counter shortages. The report finds that there is a risk of shortfall in the fourth quarter of 2025 and throughout 2026 if queensland lng producers export all uncontracted gas. it is expected that southern states will need to continually rely on gas from queensland as their local reserves deplete. However, the southern states are still projected to face seasonal shortfalls and will continue to rely on gas from queensland or storage to meet peak demand. in response to these findings, the accc has recommended that the role of gas be made explicit in government planning for the energy transition.
Accc Warns Of East Coast Gas Shortfalls Energy Today The albanese government has been forced to secure a deal to secure gas supply this winter following a warning from the consumer watchdog of a drastic shortfall in southern states. Australia’s competition regulator has warned australia’s east coast gas supply continues to be in decline, which means southern states including nsw, victoria, south australia and tasmania will need to continue to reply on queensland to counter shortages. The report finds that there is a risk of shortfall in the fourth quarter of 2025 and throughout 2026 if queensland lng producers export all uncontracted gas. it is expected that southern states will need to continually rely on gas from queensland as their local reserves deplete. However, the southern states are still projected to face seasonal shortfalls and will continue to rely on gas from queensland or storage to meet peak demand. in response to these findings, the accc has recommended that the role of gas be made explicit in government planning for the energy transition.
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