Gas supply assured until 2023 – AEMO

Latest data from the Australian Energy Market Operator (AEMO) has confirmed that actions taken by the industry to bring more gas into the domestic market will ensure domestic gas supply to at least 2023. In its 2020 Gas Statement of Opportunities, AMEO noted that the outbreak of the Covid-19 coronavirus in early 2020 is likely to lead to decreased levels of global liquefied natural gas demand in 2020, and decline in economic activity in Australia for at least the short term. The potential impact of this has not been included in these forecasts and could mean a lower short-term demand forecast.