Unintended consequences of Australia's gas market intervention
Get this report
$1,350
You can pay by card or invoice
Report summary
The Australian Government has implemented a gas export restrictions policy, the Australian Domestic Gas Security Mechanism (ADGSM), to try to alleviate public and industry concerns regarding domestic gas supply availability in the eastern states. The policy presents a number of risks for gas producers, LNG buyers, as well as domestic gas buyers. In this opinion piece, Saul Kavonic provides an overview of risks and unintended consequences the policy may pose for stakeholders and policy makers.
Table of contents
- Creating uncertainty, when certainty is needed most
- Unlikely to increase domestic gas supply
- Inviting the wrong kind of commercial behaviour
- The road to price controls
- Queenslanders and tax revenue take a hit
- Sets a precedent putting Australia's future gas security at risk
- Raising Australia's above ground risk profile
- Risk of blackouts could re-emerge
- The upshot
Tables and charts
This report includes 2 images and tables including:
- Price breakdown of Queensland gas diversions to end user
- East coast domestic gas supply
What's included
This report contains:
Other reports you may be interested in
11 September 2017
Corporate week in brief: China's CEFC buys US$9 billion stake in Rosneft
Corporate week in brief: China's CEFC buys US$9 billion stake in Rosneft
We look at one of the largest overseas oil and gas acquisitions by a private Chinese company and Statoil's latest business development.
$15031 March 2017
No single solution for eastern Australia's gas crisis
No single solution for eastern Australia's gas crisis
The domestic gas shortfall in eastern Australia is set to increase to 500 mmcfd by 2025. What can be done to reduce this gap?
$1,35028 August 2017
Geology vs technology: how sustainable is Permian tight oil growth?
Geology vs technology: how sustainable is Permian tight oil growth?
The first few years in an unconventional project are typically the easiest. What could that mean for the Permian as it starts to mature?
$1,350
