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Environment
Tony Wood, Program Director, Energy, Grattan Institute

Does Australia face a gas shortage? No – just Victoria, where empty wells meet a lack of planning

Dong Nhat Huy/Shutterstock

This week, outgoing Senex Energy chief executive Ian Davies made headlines when he warned within a few short years, Australia won’t have enough gas to meet our demand, due largely to government inaction and intervention.

This is both true and not true. Australia-wide, there is no shortage of gas. We’re the world’s second largest exporter of liquefied natural gas (LNG), after all. Critics see the purported supply crisis as a move by the industry to open up new gas fields.

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