Australian government strikes deal with gas suppliers to avoid winter shortfall
by Peter Hannam Economics correspondent from on (#6464R)
Federal resources minister Madeleine King says agreement with three big exporters will ensure security of supply and avoid need for gas trigger'
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The government has struck a deal with the three major gas exporters on the east coast that will ensure sufficient supplies of the fossil fuel are available to avoid a potential shortfall next year.
The federal resources minister, Madeleine King, said on Thursday she had signed a new heads of agreement with the three big LNG exporters - Santos's GLNG plant, the ConocoPhillips-led APLNG group and Shell's QGC operations.
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