Due to the rapid expansion of the Australian LNG industry on both the east and west coasts, Australia has become one of the world’s largest LNG exporters. This report covers upstream gas markets in eastern Australia, encompassing gas production, wholesale markets for gas and the transport of gas along transmission pipelines for export or domestic use. Much of the analysis is focused on AEMO-facilitated markets, though for the first time includes information on bilateral commodity gas trades up to a year in duration. The main production basin in eastern Australia is the Surat–Bowen Basin in Queensland. There are smaller basins […]