Australia’s gas market is governed by an irony. Despite our status as one of the world’s biggest producers and exporters of gas, our east coast is locked in a fight for the commodity due to state government policies that have stymied the region’s capacity to secure local supply.The squeeze in gas comes after years of struggle by producers in the south-east to develop new projects, hindered by Labor’s intervention on gas prices and government moratoriums (belatedly lifted) on gas development and exploration in both Victoria and NSW.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles