Insight
| |
5 Pages

Unintended consequences of Australia's gas market intervention


Unintended consequences of Australia's gas market intervention

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.


What's included?

This report includes 1 file(s)

  • Unintended consequences of Australia's gas market intervention PDF - 326.91 KB 5 Pages, 0 Tables, 2 Figures

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.

  • 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

In this report there are 2 tables or charts, including:

  • 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
    • Price breakdown of Queensland gas diversions to end user
  • Queenslanders and tax revenue take a hit
  • Sets a precedent putting Australia's future gas security at risk
    • East coast domestic gas supply
  • Raising Australia's above ground risk profile
  • Risk of blackouts could re-emerge
  • The upshot
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...