Published

This is the 27th interim report of the ACCC’s inquiry into gas supply arrangements in Australia. The ACCC continues its focus on the operation of the east coast gas market.

This report provides:

  • updated supply-demand outlooks for each quarter of 2026 with a particular focus on Q2
  • an update on gas prices offered and agreed, and volumes contracted for supply in 2026 and 2027
  • latest findings from the ACCC’s gas buyer engagement.

The report also:

In addition to the above, the ACCC released a report from Rystad Energy on gas costs of production to provide transparency on this matter to the market.

Appendices

Appendix D: Rystad report on gas costs of production ( PDF 1.35 MB )

Appendix E: FTI report on the global LNG market and the suitability of the current LNG netback pricing methodology ( PDF 4.28 MB )

Gas inquiry December 2025 interim report - charts and data ( XLSX 558.74 KB )