Future of gas in Australia: a new paradigm?
The prospect of very big gas price increases or even shortages has made the gas market a hot topic. The possibility of such outcomes arises from the connection of Australia’s domestic market with the broader regional market via LNG exports from Queensland. The Australian Competition and Consumer Commission (ACCC) has delivered its report on the competitiveness of wholesale gas prices in Eastern and Southern Australia. The ACCC’s conclusions and recommendations have been eagerly anticipated and will set a direction for the role of gas in Australia for some time to come.
This Energy Futures public forum featured Rod Sims, the Chairman of the ACCC, who will discuss the Commission’s report. He was joined by a panel of key stakeholders from the gas sector who responded to the Report from their own perspectives: Is this a fair set of conclusions? Will the recommendations address the concerns of producers, pipeliners and customers? What does this report mean for the future of gas as a key energy source?