Gas summit fails to find 'energy crisis' fix

Angela Macdonald-Smith and Fleur Anderson

Updated Apr 19, 2017 – 7.01pm, first published at 3.54pm

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The high-profile summit between Prime Minister Malcolm Turnbull and the heads of the east coast's largest gas producers has failed to produce any immediate measures to fix the east coast supply 'crisis', heightening manufacturers' fears about spiralling prices that may cost hundreds of jobs.

Gas companies will, however, face additional scrutiny, with a requirement to report publicly their pricing and supply volumes to the Australian Competition and Consumer Commission for the next three years, a move that was welcomed by buyers.

Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables.

Fleur Anderson is based in the Canberra newsroom and writes on politics, policy and the economy. Fleur is known for writing the Financial Review's parliamentary sketch.