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Gas crisis

Yesterday

An Omega Oil & Gas drilling site in the Taroom Trough in southern Queensland.

Qld’s Taroom Trough emerges as Australia’s new oil frontier

The area quietly attracted energy giant Shell years ago and is now drawing a growing crowd of local explorers.

January

Gas producers fear the proposal could result in underwriting support for LNG imports in Victoria.

Fears Victorian consumers will pay for gas imports under ‘last resort’ plan

Gas producers in Victoria say the government should act to streamline gas project approvals before considering plans for underwriting LNG import terminals.

Squadron Energy has completed the land-side part of its LNG import terminal at Port Kembla in NSW.

LNG importers cling to ambitions despite gas reservation scheme

Imported gas will still be needed in the south-east, even with a gas reserve, the ventures argue, rejecting suggestions that their projects are now redundant.

December 2025

The Conoco-led drilling off Victoria is using the Transocean Equinox rig.

ConocoPhillips makes second gas strike in Victoria’s Otway Basin

News of a second gas strike comes amid worries that the federal government’s domestic gas reservation plan may undermine new projects.

Climate Change and Energy Minister Chris Bowen announced a gas reservation system in Canberra on Monday.

Manufacturers hail scheme to reserve east coast gas

Queensland LNG exporters will have to set aside 15 to 25 per cent of production for domestic customers under a program to be designed in detail next year.

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Queensland’s LNG industry is under pressure to reduce domestic gas prices

Tensions flare among exporters in countdown to gas reserve

Queensland LNG ventures led by Origin Energy and Shell say there should be “no exceptions” for Santos’ GLNG in the east coast gas reservation system.

Santos’ GLNG venture ships LNG to Asia from Gladstone.

LNG giants make last ditch concessions to avert export controls

Santos’ GLNG venture has offered to cut purchases of gas from the domestic market and trim shipments as it attempts to head off far more onerous requirements.

November 2025

A rally held in 2022 in solidarity with the Gomeroi people’s opposition to the Narrabri gas project.

Santos hit by further delay on Narrabri gas ruling

A traditional owner appeal over the project’s approval was due to start on Tuesday but is now expected in March 2026 after the judge recused herself.

Santos’ GLNG export venture looks set to be most impacted by a domestic gas reservation system.

Looming east coast gas reserve could cut prices by 20pc

Labor is targeting a domestic reservation system that would ensure enough extra gas to bring down prices but not so much that producers rein in output.

The venture is using a huge drilling rig shipped in from Singapore.

ConocoPhillips strikes gas in closely watched Victoria drilling

The “encouraging” find, which could be the largest in Australia for several years, was reported by the US company and junior partner 3D Energi.

The Liberals new energy policy is unlikely to do what is says on the tin.

Linguistic acrobatics can’t mask Liberal energy policy mess

Despite their professed desire to bring down energy bills, the Liberals new energy policy is unlikely to do what it says on the tin.

Gas production from large fields in the Bass Strait is in decline, driving interest in other opportunities.

Manufacturers mull gas exploration to secure supply as shortage looms

Goods producers and energy traders are among those considering backing a drilling project off Victoria next year, lured by the possibility of cheap power.

APA is the country’s biggest owner of gas pipelines.

APA hatches plan for major expansion of Victorian gas pipeline network

The pipeline giant’s plan to expand the congested South West Pipeline reflects its wider grid expansion strategy to head off the need for LNG imports.

October 2025

Gas companies should supply the local market.

Learn from Spain on gas pricing

Readers’ letters on gas pricing distortions, renewable and nuclear energy, Abbott’s lack of vision, Ley’s T-shirt tantrum and the need for a letter writers’ cabinet.

Renewables are the most attractive opportunities for investors but they say governments should cut red and green tape.

Where big investors want to put their money

Renewables are in but hydrogen is out for international and domestic infrastructure investors, but they are worried about government red and green tape.

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Wilga Park Power Station is a gas-fired plant west of Narrabri owned by Santos.

Minns threatens compulsory acquisition to get Narrabri gas moving

The NSW premier wants Santos to pull the trigger on Narrabri gas development and called for the Albanese government to establish an east coast gas reserve.

Kean’s wants subsidies for electrification and poo-poos the idea that we need more gas supply.

Is Australia’s energy transition turning into a muppet show?

Will the Greens be as savvy as pragmatic everyman Kermit the Frog when it comes to gas? Or will they be like the minor muppets in the back?

Chris Bowen, Minister for Climate Change and Energy.

Labor should seize the decarbonisation policy certainty challenge

Albanese’s government should focus on nailing down the policy settings needed to accelerate emission cuts and connect more clean generation and storage to the mains.

Jonathon McCarthy, Chief Decarbonisation Officer, Rio Tinto.

Energy users warn of industrial ‘tragedy’ from ‘broken’ gas market

But big industrial gas consumers including Rio Tinto say any government intervention should be a bridge to the future, and not become a permanent subsidy.

Santos’ Barossa gas project in the Timor Sea is a key part of a forecast jump in production by 2027.

Manufacturers want cheap gas that no longer exists

Clawing back gas that was developed for LNG export by investors prepared to risk billions of dollars of capital is not a sustainable solution.