Australia’s east coast gas market is forecast to have a surplus of between 69 and 110 petajoules in 2025 if Queensland’s LNG producers export all of their uncontracted gas, the ACCC’s latest gas inquiry report shows.
Australia’s east coast gas market is expected to have a six petajoule (PJ) surplus in the third quarter of 2024, even if the three LNG producers export all their uncontracted gas, according to the March 2024 interim gas inquiry report by the competition watchdog, the ACCC.
The competition watchdog, the ACCC, is set to begin enforcing the new gas market code from mid-September following completion of the current two-month transition period which commenced on 11 July.
Australia-based Internet of Things company Freestyle Technology is showing off its latest IoT-enabled smart gas solutions to Taiwan’s Chungwa Telecom as it looks to expand business further in the region's US$1.8 billion smart meter gas market.
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