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Gas crisis

This Month

Unlike the capital-constrained Santos, the bidding consortium possess deep pockets to develop gas reserves, which Santos struggled with.

Is Australia selling off its energy security to the UAE?

While the government should typically avoid interfering in commercial decisions, safeguarding Australia’s future gas supplies is paramount.

The only way faith will be restored in Australia’s capital markets clearing and settlement system is for radical surgery to happen.

RBA should take over ASX management

Readers’ letters on the need for ASX reform, AI innovation, the housing crisis and why income-splitting should be allowed.

Victoria is facing a gas supply crisis.

‘Bailing out bad decisions’: Queensland slams Victoria over gas supply

Any hopes of pulling more gas from the north was shot down by the Liberal-National government in Brisbane, which is fed up with southern energy policies.

Victoria’s gas budget is under strain.

Victoria uses 13pc of entire year’s gas budget in just three days

Breakdowns at a major coal power plant and weak renewable energy generation have left the state running down its stores faster than expected in a cold winter.

A gas rig on the North West Shelf off Western Australia.

Labor is adrift on gas policy. Here’s why that’s bad

Without a clear strategy, Labor leaves the field open to those who insist we should stop all gas now, and those who argue that gas will be around for many decades yet.

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Woodside’s North West Shelf gas project in WA.

Albanese praises Western Australia’s gas reservation policy

The Albanese government will conduct a review energy policy including whether a portion of gas produced on the east coast should be reserved to avoid energy shortages.

Gas tanker

Future gas reservation won’t get us over ‘valley of death’: energy CEO

EnergyQuest chief executive Rick Wilkinson said a prospective change to reserves was “unlikely to solve the problem” of Australia’s east coast gas shortage.

May

Victoria is turning to LNG imports as a solution to its gas supply problems.

Victoria clears path for local gas imports as shortage looms

The decision to greenlight a proposed gas import terminal could allow it to compete for future underwriting support.

North West Shelf gas exploration project delays have dragged on for years.

North West Shelf green light signals warming to gas

It’s welcome acknowledgment gas will play a key role in the important net zero energy transformation that is proving longer, harder and more costly than first thought.

Queensland Treasurer David Janetzki addresses the Australian Energy Producers Conference in Brisbane.

Queensland hits out at ‘ideological’ Victorian energy policy

The state energy minister says the cancellation of a major wind farm project should not deter new renewables investment.

Australian Energy Producers chief executive Samantha McCulloch.

Gas companies ask for seat at the subsidy table

The industry lobby says a major review of the electricity market should be considering government support for new gas power generation.

April

Woodside’s Karratha gas plant.

Woodside’s Louisiana gas exposes Australia’s strategic energy error

Rather than block gas development, Australia should encourage gas as a back-up for renewables and as a replacement for coal in Asia.

A Japanese LNG tanker at a JERA thermal power station in greater Tokyo.

Japan warns on Dutton’s gas reservation policy

A Tokyo think tank says limiting sales into the regional spot market could “handicap” Australian producers and trim Japanese trading in South-East Asia.

The Coalition’s nuclear power policy is light on detail.

No election road out of Australia’s energy perdition

The election contest between Labor’s faltering subsided renewables policy and the Coalition’s nationalised nuclear pipedream does not inspire confidence.

March

Peter Dutton hawking his gas plan in the seat of McMahon, held by Climate and Energy Minister Chris Bowen.

No savings estimate for consumers from Dutton’s gas plan

Gas producers would be hit with financial penalties if they refused to divert more uncontracted gas to the domestic market, the Coalition has confirmed.

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Dutton delivers his budget reply speech in the House of Representatives.

Santos breaks ranks on Dutton’s gas plan

The gas producer looks set to emerge as a winner under the Coalition’s gas policy, despite it being widely blamed for the risk of shortages on the east coast.

Eighty per cent of Australia’s gas is exported or used in the LNG production process, making the country one of the three biggest LNG exporters globally.

Why I’m backing keeping Australian gas at home

More gas doesn’t mean cheaper energy, it just means more exports and bigger profits for the companies producing it.

Gas is a key source of planet-warming emissions but remains widely used in Victoria and NSW.

Victoria’s gas switch to cost households $5.8b: report

The Allan government’s plan to force people to replace broken down appliances with electric ones could cost more than first thought, according to new research.

People sit atop a vehicle travelling along a track in Viqueqe. East Timor is opening up more of its land for mining and exploration, and has awarded the majority of the licences to Australian companies.

Timor-Leste hands most new mining licences to Australian groups

The developing nation is thought to hold deposits of copper, gold, zinc and manganese, as well as rare earths and other critical minerals.

The federal government has a target of 82 per cent renewable energy in the grid by 2030.

Time to take politics out of the energy debate

Spreading misinformation about the impacts of offshore wind takes advantage of, and feeds into, legitimate community concerns and apprehensions.

Original URL: https://www.afr.com/topic/gas-crisis-1mqo