Australian gas market softens despite tighter global LNG conditions

Australian gas market Queensland LNG export demand by Curtis Island project in Q1 2026

Australian gas market prices and demand weakened in early 2026 despite heightened global LNG supply risks and stronger international spot prices, as lower gas-fired power generation, softer LNG export demand and rising renewable output reshaped east coast energy market dynamics. The Australian gas market softened in Q1 2026 even as global LNG supply risks intensified and Asian LNG spot prices […]

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