Australia’s liquefied natural gas (LNG) exports have been positioned as a key pillar of regional energy security following a new fuel security agreement between Australia and Singapore, according to Australian Energy Producers.
In a statement responding to the joint commitment, the industry body said the agreement underscored the role of Australia’s gas sector in supporting both domestic and regional energy needs through continued trade in gas, liquid fuels and other critical resources.
Chief Executive Samantha McCulloch said the deal highlighted the strategic importance of LNG exports at a time of heightened global uncertainty, while warning against policy changes that could affect investment in the sector.
“This agreement shows how critical Australian gas and LNG are to regional energy security — and why we must not undermine investment through higher taxes or policy uncertainty,” McCulloch said.
She added that Australia’s position as a “stable and trusted energy supplier” was increasingly significant as some countries consider restricting fuel exports, noting that Prime Minister Anthony Albanese and Singaporean Prime Minister Lawrence Wong had agreed to support the continued flow of essential energy products between the two nations.
According to Australian Energy Producers, LNG exports not only support trading partners but also strengthen Australia’s access to global energy markets, including enabling fuel import security through reciprocal arrangements.
“The fact Australia can use LNG to help secure fuel imports shows just how strategically important Australia’s gas resources are,” McCulloch said.
The statement also raised concerns about proposed changes to taxation settings for the gas industry, arguing that higher taxes could deter new supply, increase the risk of shortages and contribute to higher energy prices.
“You cannot strengthen energy security and regional stability while actively undermining investment in the very industry that delivers it,” she said, calling on the government to rule out what she described as a “massive, punitive tax” on the sector.
Separately, at the National Press Club, Fatih Birol of the International Energy Agency cautioned against abrupt changes to fiscal settings in the gas industry.
He warned policymakers to be “very careful” about sudden shifts that could undermine investor confidence, noting the potential implications for future energy supply and investment decisions.
