West Coast Gas Outlook 2025 **NEW RELEASE**

West Coast Gas Outlook 2025 **NEW RELEASE**

Overview:
EnergyQuest’s West Coast Gas Outlook 2025 brings together the most comprehensive data, forecasts, and analysis available on the Western Australia domestic gas market.

This 238-page report examines the historical, current, and potential future state of a market which has some major challenges ahead.

The report shows that while WA has historically been well supplied with low priced gas, secure supply is no longer assured over the coming decade and getting through forecast shortfalls will come at a cost.
The market is sending a message – a likelihood of shortfalls, and fewer supply options means higher prices. There is enough gas in the market now and for the next few years, but then the market becomes tight, followed by increasing shortfalls through the 2030s. The outlook for strong demand and not enough growth in supply is translating into prices above the level that historic market fundamentals would suggest.

We provide a bottom-up assessment of economics and supply from WA’s LNG and domestic gas projects, and an assessment of demand and the decarbonisation plans of WA’s large gas users to give a comprehensive supply/demand outlook to 2050 with all assumptions explained. Detailed price forecasts based on our WA experience and market intelligence gives a long term, independent outlook for planning and scenario development.

Our geological, project, and market analysis is overlayed with a deep understanding of the impact of government and politics on gas markets, providing a realistic assessment of future market dynamics and the potential for government intervention. We identify the developments and signposts that will require monitoring going forward and explore the options for industry participants.

Scope and approach:
Like all EnergyQuest reports, this report is grounded in data-led, independent analysis. EnergyQuest does not have any commercial or political agendas to push. Nor does the report make any heroic assumptions about how the current energy system might be or should be transformed. Rather, the report projects future gas demand and supply given the resource base and current demand trends with clearly explained assumptions underlying scenarios for how they may evolve.

Report details:
The report is provided in a PDF format with 238 pages of analysis. The analysis is supported by an Excel file with detailed models and data. High resolution copies of maps are available upon request.