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Gas appetite spiking on data centre demand: Beach CEO
Beach Energy chief executive Brett Woods says demand for natural gas to support data centres and power artificial intelligence means more supportive government policies are required for domestic gas producers.
Woods was speaking after Beach, the country’s third-largest oil and gas producer that is backed by billionaire Kerry Stokes, posted an 8 per cent drop in net profit for the first half of financial year 2026.
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Implementing the Australian Government’s Gas Market Review recommendations: have your say
The Gas Market Review recommended fundamental reforms to improve the domestic gas market and ensure natural gas supply for energy users.
We conducted the review jointly with the Department of Climate Change, Energy, the Environment and Water (DCCEEW).
We are inviting interested stakeholders to provide feedback on the design and implementation of the agreed reforms including a domestic gas reservation policy and other market reforms. We are also seeking feedback on transitional arrangements and how they would operate within your business.
We will consult further on detailed design during 2026, with the aim of starting a gas reservation scheme in 2027.
Based in Toowoomba QLD, The National Tribune provides 24/7 free live coverage of important events and developments in Australia and the Pacific region leveraging real-time open-source intelligence. We endeavor to give the Australian community greater transparency and access to government information and other developments free from encroaching corporate, ideological or any other interests/influences. More
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