The Australian Competition and Consumer Commission (ACCC) this week said that while it was unlikely that the east coast of Australia would experience a gas shortfall in 2020, supply remained tight and more development and production was needed.
In its seventh Gas Inquiry Report, the ACCC found that a gas supply shortfall in the east coast gas market in 2020 is less likely than it was for 2019, mainly because east coast producers expect to produce more gas, about 113 PJ, than in 2019.