Article 6464R Australian government strikes deal with gas suppliers to avoid winter shortfall

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'

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.

Sign up to receive an email with the top stories from Guardian Australia every morning

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/environment/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments