Supply & Demand

No danger of gas shortages in Australia – AEMO

Australia is no longer expected to face gas shortages over the next decade, the Australian Energy Market Operator has said
By Staff reporter 22 June 2018 0 31431

Australia is no longer expected to face gas shortages over the next decade, partly as a result of a lower demand forecast for gas-powered generation and government pressure on exporters to divert gas to the domestic market, the Australian Energy Market Operator (AEMO) said on Friday in its annual outlook for gas.

“No supply gaps are forecast before 2030 under expected market conditions,” the AEMO said.

The agency cut its gas consumption forecast for 2019 by 1.48 billion cubic metres from...