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The Guardian - AU
The Guardian - AU
National
Paul Karp Chief political correspondent

Australia’s east coast forecast to avoid gas shortfall despite claims of looming supply crisis

ACCC Australia Chris Bowen Coalition Jim Chalmers Peter Dutton
gas
Australia’s east coast is forecast to have a small surplus of gas in third quarter of 2024, according to the ACCC. Photograph: Joel Carrett/AAP

Australia’s east coast is expected to have a small surplus of gas in the third quarter of 2024, with an improvement in forecast supply since the gas market code was introduced.

Those are the results of the Australian Competition and Consumer Commission’s interim update on gas supply, to be released on Friday, which the Albanese government has said shows new enforceable supply commitments are making a difference.

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