Is gas security in the 'national interest'? An Australian Eastern Gas Market perspective

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

The pattern of natural gas regulation in Australia is increasingly uncertain, inconsistent and ad hoc. States and territories continue to create evidentially divergent natural gas policies and pathways in the absence of federal gas policy of a lasting nature, ranging from moratoria on unconventional gas exploitation to the creation of liquid natural gas export and import terminals. A factorial matrix could be outlined within the proposal of any new gas export contracts to uphold Australia’s energy security within the national interest and avoid any further gas shortfalls and gas price. A regulatory interventionist model is increasingly being accepted and adopted in comparative jurisdictions to ensure long-term energy security and adhere to the principle of public resource ownership. Energy security, as a regulatory concept, is an indispensable aspect of energy regulation in all states. The role of energy law, in part, is to implement the fundamental vision of a state’s energy policy.
Original languageEnglish
Title of host publicationRoutledge handbook of energy law
EditorsTina Soliman Hunter, Ignacio Herrera Anchustegui, Penelope Crossley, Gloria M. Alvarez
Place of PublicationLondon ; New York
PublisherRoutledge, Taylor and Francis Group
Chapter27
Pages445-467
Number of pages23
ISBN (Electronic)9780429450891
ISBN (Print)9781138324459
Publication statusPublished - 2020
Externally publishedYes

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