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Fresh alarm on WA gas as 2025 shortfall looms

Angela Macdonald-Smith

Western Australia is facing potential shortages of domestic gas starting in 2025 due to downgrades to reserves at existing fields that have reduced likely supplies into the local market and are helping push up prices.

Between 2025 and 2027, domestic gas demand in the state is forecast to exceed likely supply by 51 petajoules or by up to 85 terajoules a day, the Australian Energy Market Operator advised in its annual outlook for the WA gas market. It brought forward the date when supplies may fall short by several years compared with its report 12 months ago.

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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com

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    Original URL: https://www.afr.com/companies/energy/fresh-alarm-on-wa-gas-as-2025-shortfall-looms-20211214-p59hc2