Australia’s transition to net zero is being threatened by the limited availability of local natural gas supply, one of the country’s biggest energy infrastructure operators. “Without gas, we’re going to see major disruptions to energy security and costs will increase.
It is this gas supply that has made Australia one of the world’s largest LNG exporters. Ironically, it was this focus on gas exports that led to shortages of gas on the domestic market, forcing the previous government to pass emergency legislation a few years ago obliging gas companies to allocate a certain portion of their output for the domestic market before they exported the rest. APA’s Watson was not the only one to sound the alarm on future gas supply sufficiency and its implications.
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