Massive Gas Shortage Highlighted in AEMO Report

The Australian Energy Market Operator (OEMO) released the "Victorian Gas Planning Report" last Thursday (day before Easter!!) highlighting a massive gas production shortfall. It shows fields in offshore Victoria falling from 435 pj in 2017 ... to 170 in 2022. That's only4 years. Total East Coast domestic supply is 620. So a huge amount of development has to happen fast and the small companies will get bought up.

DYOR

Kip

https://www.aemo.com.au/-/media/Files/Gas/National_Planning_and_Forecasting/VGPR/2017/2018---Victorian-Gas-Planning-Report-Update.pdf