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Gas shortfall forecast for Australia’s east coast in 2018

An interim report by the Australian Competition and Consumer Commission (ACCC) has predicted a substantial shortfall in gas for the east coast by 2018.

“The interim report projects a supply shortfall in the east coast gas market of up to 55 petajoules (PJ) in 2018, which could be as high as 108 PJ if domestic demand is higher than expected,” ACCC chairperson Rod Sims said.