Southern states, led by Victoria, will face a gas shortfall this winter and will rely on supply from Queensland and the Northern Territory to meet heating demands. The competition watchdog warns of a deterioration in Victoria's medium-term gas supply due to east coast shortfalls.
Southern states led by Victoria face a gas shortfall this winter which will make them reliant on supply piped from Queensland and the Northern Territory to keep the heating on.
warned of a deterioration in Victoria’s medium-term gas supply because of looming east coast shortfalls. “This includes the variability of weather affecting gas-powered generation, uncertainties in supply, and additional or fewer LNG exports,” it said. Treasurer Jim Chalmers jumped on the latest figures to argue Labor’s gas industry Mandatory Code of Conduct was making a meaningful difference to supply and prices.
Gas Shortfall Winter Heating Supply Demand Victoria Queensland Northern Territory Resource Developments LNG Hub East Coast Competition Watchdog
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