Governments in eastern Australia must pull out all stops to encourage the investment
needed to address predicted gas shortages as highlighted by the Australian Energy Market
Operator (AEMO) today.
The latest Gas Statement of Opportunities (GSOO) warns that developed gas reserves in
eastern and south-eastern Australia can only meet forecast demand until 2019.
"The information released by AEMO today is a sobering reminder that the east coast needs
rapid development of new gas reserves to guarantee supply," APPEA Chief Executive Dr
Malcolm Roberts said.
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