News Release
Australia's East Coast gas market faces complex challenges with no easy solutions
Australia’s East Coast gas market is on a path toward a structural shortfall, according to Wood Mackenzie. The article, ‘Dare to be bold: Australia’s East Coast gas market’, highlights intensifying supply shortfalls and warns that without decisive action, Australia faces a future of chronic gas shortages, particularly during winter months.
According to Wood Mackenzie, gas demand on the East Coast remains resilient, but new supply is not keeping pace. A combination of declining exploration activity, delayed investments, and an increasingly complex policy environment has undermined market confidence.
