Australia's gas export industry sheds value while tightening local supply
by Michael Slezak from Environment | The Guardian on (#2Z9JZ)
Santos wipes more than $1bn from its LNG plant in Queensland - just a week after Origin announced a similar devaluation
Australia's natural gas export boom, which is causing soaring gas prices and pushing up carbon emissions, appears to be rapidly shedding value.
Santos wiped more than $1bn off the value of its liquefied natural gas plant in Queensland on Tuesday, just a week after Origin announced a similar devaluation.
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