APA to build major gas pipeline to avert Australian shortages
· Energy · Australia
APA Group reached a final investment decision on a natural gas pipeline between Queensland and New South Wales, which could help alleviate projected shortfalls in the more heavily populated southeast of Australia. The project aims to move gas from producing regions to demand centres as Australia's domestic supply outlook tightens. It is one of the biggest energy-infrastructure commitments in the country in recent years.
Why it matters:The pipeline addresses Australia's looming gas shortfalls, a politically sensitive issue as the country exports large volumes while domestic supply tightens.
Key points
- The pipeline would link Queensland and New South Wales.
- It targets projected shortfalls in southeast Australia.
- APA has reached a final investment decision.
Sources (original reporting)
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