Gas Shortages Loom for Australia's South-East Within 4 Years as Bass Strait Supply Falls
• Australia's south-eastern states face major gas supply shortages within 4 years as Bass Strait production falls • Peak day shortfalls may emerge as soon as next year during extreme winter weather when demand spikes • Forecasts back urgent need for new gas supplies, fields, or sources to avoid shortages from 2025 • Longford gas plant retirement in 2028 will significantly increase supply gaps and reliance on Queensland • Analysts debate whether demand forecasts are overblown and if more local gas could supply domestic needs