A paradox of plenty

The Australian domestic gas supply regulatory dilemma

Madeline Taylor, Tina Soliman Hunter (Corresponding Author)

Research output: Contribution to journalArticle

Abstract

Energy security is a transitional concept heralding from traditional principles focused on security of supply. Onshore conventional and unconventional gas has played an integral role in Australia’s energy security since its commercial production commenced in the Cooper Basin Region in 1969. However, since 2015, the staggering increase in Liquefied Natural Gas (LNG) exports, earning Australia its title as the second-largest global LNG exporter, has heightened competition for gas supply in the Australian East Coast Gas Market (ECGM). This article examines whether the recently enacted Australian Domestic Supply Mechanism (ADGSM), in imposing controls on LNG exports, marks a shift in regulation and policy by fostering gas security for the ECGM. This article advances the argument that the ADGSM is an initial temporary and short-term step in seeking to avert a domestic gas shortfall. However, it is argued a market-based approach to gas regulation will not provide gas security for Australia without additional regulatory measures and infrastructure investment.
Original languageEnglish
Pages (from-to)465-486
Number of pages22
JournalJournal of World Energy Law and Business
Volume11
Issue number6
Early online date19 Nov 2018
DOIs
Publication statusPublished - 1 Dec 2018

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A paradox of plenty : The Australian domestic gas supply regulatory dilemma . / Taylor, Madeline; Hunter, Tina Soliman (Corresponding Author).

In: Journal of World Energy Law and Business, Vol. 11, No. 6, 01.12.2018, p. 465-486.

Research output: Contribution to journalArticle

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