The Australian Domestic Gas Outlook (ADGO) conference is a critical annual gathering, currently underway, that unites key stakeholders from Australia’s gas industry, including producers, operators, retailers, regulators, and policymakers.
This event serves as a cornerstone for high-level discussions and setting the future trajectory of the Australian gas sector.
A focal point of the 2024 ADGO conference is the state of the east coast gas market.
Reports indicate a delicate supply-demand balance for the 3rd quarter of 2024, with southern states likely needing to import gas from Queensland.
Concerns persist about future supply shortages, particularly in the south, emphasising the need for new gas sources.
The conference offers valuable networking opportunities and insights for industry leaders. Events like the ADGO Women in Energy breakfast promote diversity and inclusion.
The Gas Market Code, in effect since 2021, ensures fair pricing and supply.
The ACCC monitors compliance and notes good adherence, with provisions encouraging additional gas supply for market stability.
At the event, APA Group CEO Adam Watsons emphasised collaboration for a lower carbon future, highlighting slow transition progress.
He noted differences in renewables adoption between remote grids and the East Coast and stressed low-cost energy development supported by gas and batteries.
Watson criticised prioritising LNG imports over domestic gas and highlighted APA’s role in renewable energy and regulatory stability.
He urged unlocking gas supply to lower prices, citing industries’ reliance on gas, and emphasised remote grids as renewables-gas models for the broader market.
The 2024 ADGO conference showcases the dynamic nature of Australia’s gas industry, with stakeholders actively shaping its future through collaboration and innovation.
