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Madeleine King, minister for resources, speaks during the Australian Energy Producers Conference and Exhibition in May
Australia Gas Politics
Andrew Kemp
2 June 2024
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Political bargains hamstring Australia's Future Gas Strategy

Backroom political deal-making has undermined the government’s long-term vision for the domestic gas sector

The Labor government unveiled its Future Gas Strategy (FGS) on 9 May, and despite its lack of concrete details, industry has generally welcomed it as a good start. Canberra said gas would be an essential component of the energy transition, one set to play a central role in the country’s energy mix up to and beyond 2050. The strategy, announced days before the 14 May annual budget, is designed to support the government’s Future Made in Australia agenda, which aims to transform the country into a renewable energy “superpower”. The day after the budget’s announcement, however, Labor reached a deal with the Greens that threatens to rob the FGS of any real momentum in ensuring plentiful and affor

Also in this section
The EU’s electric dreams
24 April 2026
The European Commission’s response to the Middle East crisis is to double down on its transition strategy, with plans for a new target on electrification
Eni and BP score big in Egypt
24 April 2026
A major new discovery by Eni and BP that can likely be fast-tracked to production is welcome news for Egypt as it scrambles to plug a widening supply gap and deal with rising import risks
Coal-to-gas switch drives Asian demand
24 April 2026
Countries in the region are turning to the cleaner-burning fuel for power generation, driving demand for imports
US continues gas infrastructure buildout
24 April 2026
The US has used booming shale production to massively expand its LNG infrastructure, but Canadian developments have not fare so well while in South America consumption outstrips production

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