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Japanese LNG Importers Brace for Australia’s May Elections

  • Australia will hold an election on May 3, focusing on energy security due to rising power bills and potential gas shortages.
  • Prime Minister Anthony Albanese's Labor party aims for 82% renewable energy generation by 2030 and plans to subsidize household batteries with A$2.3 billion.
  • The Liberal-National coalition, led by Peter Dutton, wants to regulate gas exports and proposes requiring LNG exporters to sell uncontracted gas domestically, along with plans to build seven nuclear plants by 2050.
  • The Greens party aims to phase out fossil fuels by banning new coal and gas projects while proposing to transform LNG terminals into hydrogen hubs for domestic gas supply.
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The New Bedford Light broke the news in on Wednesday, April 23, 2025.
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