Wood Mackenzie’s Principal Analyst Global LNG Daniel Toleman says the Australian government “intervening” in the gas market has created “uncertainty” for the market’s participants.
“And as a result, it does mean that companies are a little bit careful about the
investments they are going to make,” he told Sky News Business Reporter Edward Boyd.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Steph Wood rediscovers sparkle as Diamonds beat New Zealand in Quad SeriesHolders Australia have reached the final of netball’s Quad Series after defeating world champions New Zealand 59-57 in Cape Town
Read more »
Biden documents scandal could ‘easily escalate’ into a ‘political and legal problem’US President Joe Biden has “lost control” of foreign policy and now seems to have lost control of “what’s going on around him”, says Curtin University political analyst Professor Joe Siracusa. This comes as a lawyer for President Biden says six additional items, including classified documents, have been found at his Delaware home. “This could easily escalate into a political and legal problem for the President,” Professor Siracusa told Sky News Australia. 'He's already in a mess. “It seems like the leader of the free world was maybe just a little too much free with the information.”
Read more »
Australia imports its gas policy from Equatorial GuineaOPINION: The Albanese government has created a less resilient gas market ahead of any cold winter that might be coming.
Read more »
Gas fracking could start in NT's Beetaloo Basin soon despite the government missing a key deadlineThe oil and gas industry's peak body says Beetaloo fracking licences could be issued in a month, as critics say the government's promise to implement a key inquiry is 'impossible'.
Read more »
Shell buckles to government to resume gas salesShell has ended a six-week suspension on entering into new gas sales agreements under intense pressure from the government and regulators.
Read more »
Government has made an ‘enormous mess’ with gas price capsManger of Opposition Business Paul Fletcher says the government has created an “enormous mess” with its “rushed approach” to imposing gas price caps. This comes as energy company Shell has ended its freeze on east coast gas producers, offering new supply deals to the Australian market. Mr Fletcher said the price caps were a 'significant intervention'. 'And the outcomes of it are, on the basis of previous interventions and imposing price caps, it’s very hard to be confident this will provide benefits,” Mr Fletcher told Sky News Australia.
Read more »