WA government removes possibility of exporting gas produced onshore as industry figures voice disapproval

  • 📰 abcnews
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 83%

United States News News

United States United States Latest News,United States United States Headlines

The state government throws a spanner in the works of some of Australia's richest people, who had been racing to develop valuable gas reserves near Perth.

A spokesperson for the premier suggested it was because of that predicted shortage that the government needed to quarantine as much gas as it could for local use.

"Gas prices in WA are high, and arguably as high as the east coast at the moment, and so for those Perth basin suppliers the gas price is still attractive at this time," he said.Opposition energy spokesperson Steve Thomas agreed the potential impact of the policy shift was likely minimal. "I don't think that just reinforcing what has currently existed is going to change the marketplace or threaten the industry."

 

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

 /  🏆 5. in US

United States United States Latest News, United States United States Headlines