Gas project ‘freeze’ major concern as international companies ‘silently’ drop investments

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 78%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Credit Suisse Energy Analyst Saul Kavonic says gas project “freeze” is very real as international companies drop investment “silently” around Australia.

2 minutes ago

“That’s not what actually is of concern into our market, it’s the investment that’s stopping, and it’s happening silently, particularly the big international companies who invest here, they could invest anywhere, and they’re just dropping their investment now in Australia. “It’s going to impact the flexible capacity in gas supply we need in winter when we have shortages in electricity market which then raises the risk of blackouts rising, we hopefully can get through this year, but 2024 is another story.”

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:

 /  🏆 7. in SG
 

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

Where’s Slogans Chalmers when we need a comment 😨

Labor’s hoping they’ll be out of govt before they’ll have to answer for the debacle they’re causing with their communistic energy plan

Singapore Singapore Latest News, Singapore Singapore Headlines