Gas storage

Underground gas storage investigations

Opportunities for further underground gas storage in depleted fields around Port Campbell in the onshore Otway Basin are being investigated. The potential to expand underground gas storage may help to secure more reliable gas supplies and to mitigate short term price peaks, particularly during interruptions in the gas supply system.

Work includes:

  • Ranking of known existing depleted fields to prioritise their potential development for gas storage.
  • Analysis of geoscientific information and modelling of subsurface geological structures to assess the suitability for underground gas storage.
  • Assessment of the economic potential of using these geological formations for gas storage.

Page last updated: 10 Jul 2020