The government’s ugly choices on gas are not over yet
The government’s deal with the gas industry has ensured supply will always be available for industrial users. But the spike in LNG spot prices means Canberra may be tempted to intervene again.
This decision followed agreement with Queensland-based liquefied natural gas (LNG) producers to avoid a supply shortfall in the east coast domestic gas market. Yet, the news was not all good.
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Tony Wood is head of the energy program at the Grattan Institute.
