Beach Energy Limited Announces Major Investment in Victoria's Otway Basin to Boost East Coast Gas Supply

Beach Energy Limited has announced a significant investment in the Victoria’s Otway Basin to boost natural gas supply for the East Coast domestic market. The company, which contributed around 19 percent of the East Coast market last financial year, has invested approximately $3.5 billion over the past five years in new natural gas supplies. The initiative is part of Beach Energy’s vision to become Australia’s leading domestic energy supplier, amidst growing energy security concerns and geopolitical tensions. The project is expected to enhance energy security and support local industry and households, while also contributing to essential government programs through taxes and royalties. The announcement aligns with the company’s support for a prospective East Coast gas reservation scheme, aimed at prioritizing domestic gas market needs. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beach Energy Limited published the original content used to generate this news brief on August 18, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here