Australian authority urges government to consider limiting gas exports due to shortage

Australia’s competition watchdog, the Australian Competition and Consumer Commission (ACCC), on Monday urged the federal government to consider limiting gas exports.

He warned Australia’s east coast could face a major gas shortage in 2023, posing a risk to businesses, households and energy security.

Liquefied natural gas (LNG) exporters are expected to withdraw more gas from the domestic market than they plan to supply. A shortage of about 10% of demand is expected.

In addition to urging to consider reducing exports, the ACCC is also urging producers to increase their supply to local markets.


Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button