Treasurer Jim Chalmers has put gas exporters on notice over a looming shortfall, urging them to “do the right thing by Australians” and ensure they offer any available supply to local companies that are struggling under sky-rocketing energy prices.
ACCC chair Gina Cass-Gottlieb said the consumer watchdog was “strongly encouraging” LNG producers to increase domestic supply or face market intervention. It is the largest projected shortfall since the ACCC began its long-running inquiry into the east-coast gas market in 2017. “This is more than enough gas to ensure that no shortfall occurs,” said Damian Dwyer of the Australian Petroleum Production and Exploration Association, which represents oil and gas companies.
Love this man, he n Albo so sensible..
According to Andrew Probyn (ABC) most of our exported gas goes to western Europe and Japan. Very odd not to mention our largest customer, China, and very odd given that Western Europe doesn’t even appear in the lists. Whose ABC?
I’m sure they give a shit
Pretending government is in control of the treasonous corporations that own the parasite political class..laughable considering these american sanctions are being promoted. shame how you cannot discuss that our entire economy is being sacrificed for U.S FAILED GLOBAL HEGEMONY
Pretending the government is in control of the treasonous corporations that own the parasite political class.. laughable
Lol.....and they are shaking in there boots i bet. All good tho. They will just cap more wells and say there is no gas as the prices rise.
Just do it. Pull gas trigger while hitting these companies with massive tax increase
Don't put them on notice' just do it like they do with consumers.
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