Have to agree - the writing's on the wall! From the Australian...

Have to agree - the writing's on the wall! From the Australian today:

Australian Energy Market Operator to issue an alert for gas shortfall

Authorities are set to issue a fresh warning of gas shortages on Australia’s east coast,with a supply squeeze set to hit southern states by 2026 during peak winter -demand.The Australian Energy Market Operator is set to issue the alert shortly in its annualgas outlook which lays out a long-term forecast for the nation’s supplies.

Sources told The Australian that gas supply in southern Australia continued to fallfaster than projected demand, sparking fears of a looming gap in winter whenhouseholds and big manufacturers rely most heavily on the fossil fuel.Major supply sources in Victoria’s offshore Gippsland Basin continue to fall and thefailure to deliver any of the proposed LNG import facilities along the east coast

Australia’s eastern seaboard would become almost reliant onnew developments or have to source gas through Mr Forrest’s LNG import terminal– which users have so far shunned.

Newdevelopments have been curtailed in NSW and Victoria, while new pipelines wouldbe needed to unlock potential supplies in the Northern Territory.