Australia's booming LNG industry stalls after fall in oil prices amid coronavirus

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

More than $80bn of investment decisions are delayed due to a collapsed oil price and a geopolitical price war

The extraordinary growth in Australia’s liquefied natural gas industry, the main cause of recent rises in national greenhouse gas emissions, has stalled indefinitely, with decisions on more than $80bn of investments delayed due to a collapsed oil price sunk by coronavirus and a geopolitical price war.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Maybe it’s time to end oil and coal exports Australia.

Just when we could really have used that $0 in tax revenue. auspol

majorgauravarya This weaping Kashmiri women has a child in her lap who is killed by cowered Pakistani army , This is The True Indian Promise Revenge will be taken and The justice will be done

How's their coal exporting? Australia energy coal gas

Fossil fuels must stay in the ground where they belong.1t of LNG produces in excess of 2.75t of CO2. This is good time to stop mindless business exploitation for which quick profit is everything and the environment means nothing.

To fucking bad

let's put a brake on the greedsters profiting off polluting our earth, at the expense of nature and animals.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Don't let coronavirus destroy the UK restaurant industryWe can’t continue to pay rent when we are banned from opening. Government intervention is vital for our survival, says chef Yotam Ottolenghi Don’t let the virus kill us Then we can deal with the rest Should’ve voted remain PLEASE PASS THIS ALONG TO AS MANY PEOPLE AS POSSIBLE IT IS VERY URGENT. BBCNaga HEALTH (cont)
Source: The Guardian - 🏆 84. / 53 Read more »