Companies are ‘holding back’ from investing in gas due to price caps

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 78%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

AGL Chief Executive Damien Hicks says investors are “holding back” after the government’s intervention on gas prices.

“I think what you’re seeing is people are holding back, we’re seeing that through some of our gas suppliers,” he told Sky News Business Editor Ross Greenwood.

“Discussions are being held back, we’re waiting for that to come back – we need that supply back in the marketplace.

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 ZA
 

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

Bullshit . There's so much gas coming out of the ground daily it's being exported

Isn’t that the whole point with the Government? They dream of a stable alternative energy source. Key word is stable!

🤣🤣🤣

TwitterNews SpeculativeMarkets

South Africa South Africa Latest News, South Africa South Africa Headlines