Australia may face a gas shortage by 2027, despite a surplus expected in 2025, warns the ACCC.

Australia faces a potential gas shortage in southern states like NSW and Victoria by 2027, despite an expected surplus on the east coast in 2025. The Australian Competition and Consumer Commission (ACCC) warns that new domestic gas production must be fast-tracked to avoid energy price hikes and reliance on imports. The report calls for clearer government planning on gas usage in the energy transition and recommends reducing regulatory barriers to new investments.

2 months ago
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