Monday, May 29 2023 Sign In   |    Register

News Quick Search



Front Page
Power News
Gas News
Today's News
Yesterday's News
Week of May 22
Week of May 15
Week of May 08
Week of May 01
Week of Apr 24
By Topic
By News Partner
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Gas News > News Article

    Share by Email E-mail Printer Friendly Print

    Australia may have to divert LNG exports to cope with possible gas shortage

    March 19, 2023 - Staff Oil & Gas Magazine


      From 2026, Australia must require additional commitments to expand its gas supply.

      Exporters of liquefied natural gas (LNG) from Australia's east coast may have to divert excess gas supplies to domestic customers in order to avoid any potential shortages this winter in the country's south, the energy market operator said Thursday.

      Despite increased industry production commitments since last year, supply in South Australia is declining rapidly, with growing short-term shortage risks and long-term supply shortfalls, the Australian Energy Market Operator (AEMO) said.

      "To minimize shortage risks, committed infrastructure and supply projects need to be completed on time. (...) Additional gas storage and the development of gas pipelines and LNG import terminals could play an important role," CEO Daniel Westerman said in a statement accompanying AEMO's outlook.

      "The risk of gas shortages each year from winter 2023 to 2026 in all southern jurisdictions remains in extreme weather conditions, (...) with the risks further exacerbated if gas storage levels are insufficient," Westerman said.

      From 2026, Australia should require additional commitments to expand its gas supply or have sufficient renewable projects to offset gas demand, AEMO said.


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.