Gas Prices Increase As Supply Shortfall Emerges For Southern States Accc

Gas Prices Increase As Supply Shortfall Emerges For Southern States Accc Gas supply is expected to be particularly tight for the southern states (victoria, new south wales, south australia, tasmania and the australian capital territory), with additional gas needed every month between april and september 2026. 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.

Accc Gas Prices And Fears Of Supply Shortfall Rise Utility Magazine 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. The australian competition and consumer commission (accc) has recommended that the federal government works with queensland’s key lng exporters to commit more gas to the domestic market to address a record winter gas shortfall on the east coast this winter. 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 strike an emergency deal for gas volumes this winter after the competition regulator issued shock figures warning a shortfall of gas supplies for southern states had doubled from last year.

Accc Warns Winter Gas Shortfalls For Southern States Reliance On 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 strike an emergency deal for gas volumes this winter after the competition regulator issued shock figures warning a shortfall of gas supplies for southern states had doubled from last year. The government’s own consumer watchdog, the accc, has today warned gas shortages are imminent for southern states from the end of this year. the shortfalls will drive up household and business power bills and further threaten australia’s manufacturing base and its jobs. Gas supply in australia’s eastern states could fall short from july to september amid a decline in production, according to the accc. Australia’s energy minister has flagged major potential changes to the country’s domestic gas market, as the accc warns of looming shortfalls. Southern australian states are expected to rely heavily on queensland's surplus gas to meet demand by the second quarter of 2026, according to the latest gas inquiry report from the australian competition and consumer commission.

Gas Supply Outlook Improves But Shortfall Still Possible Accc The government’s own consumer watchdog, the accc, has today warned gas shortages are imminent for southern states from the end of this year. the shortfalls will drive up household and business power bills and further threaten australia’s manufacturing base and its jobs. Gas supply in australia’s eastern states could fall short from july to september amid a decline in production, according to the accc. Australia’s energy minister has flagged major potential changes to the country’s domestic gas market, as the accc warns of looming shortfalls. Southern australian states are expected to rely heavily on queensland's surplus gas to meet demand by the second quarter of 2026, according to the latest gas inquiry report from the australian competition and consumer commission.

Accc No Longer Forecasts Gas Supply Shortfall Energy Magazine Australia’s energy minister has flagged major potential changes to the country’s domestic gas market, as the accc warns of looming shortfalls. Southern australian states are expected to rely heavily on queensland's surplus gas to meet demand by the second quarter of 2026, according to the latest gas inquiry report from the australian competition and consumer commission.

Gas Shortfall In 2023 Less Likely As Gas Supply Outlook Improves Accc