HomeNewsAustralia regulator sees east coast gas market well-supplied through 2026, warns of 2027 risks

Australia regulator sees east coast gas market well-supplied through 2026, warns of 2027 risks

7/10/2026

Australia's east coast gas market is expected to have sufficient supply in the fourth quarter of 2026, though further investment will be needed to meet longer-term demand, the country's competition regulator said on Friday.

The Australian Competition and Consumer Commission (ACCC) said in its latest gas inquiry report that there is a risk of gas shortfalls in the second and third quarters of 2027 if liquefied natural gas (LNG) producers export all their uncontracted gas.

Here are some details:

  • The east coast gas market is forecast to have a surplus of 13 petajoules (PJ) in the fourth quarter of 2026 if the LNG producers export all their uncontracted gas, the ACCC said.
  • The market is also forecast to be well-supplied in the first and fourth quarters of 2027, the regulator added.
  • "Higher production volumes in coming quarters could be used to fill storage facilities ahead of increased demand next winter," ACCC Commissioner Anna Brakey said.
  • Investment by the Queensland LNG producers and their associates, who control 84% of commercially viable gas resources, will be central to increasing supply, the ACCC said.

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