Australia rules out curbs on gas exports after producer deal

Australia will not need to curb gas exports, minister says By Reuters

Breaking News


Stock Markets 22 minutes ago (Sep 28, 2022 11:55PM ET)

(C) Reuters.

MELBOURNE (Reuters) – Australia will not place curbs on gas exports after a deal struck with its three east coast producers of liquefied natural gas (LNG) to fill a gap forecast in domestic supply, Resources Minister Madeleine King said on Thursday.

“This agreement will not impact supplies to overseas customers, and does not impact existing contracts,” King told a televised media conference.

In August, the government said it would consider triggering the Australian Domestic Gas Security Mechanism and impose export curbs after the competition watchdog warned of the shortfall faced by the east coast market in 2023.

Australia will not need to curb gas exports, minister says

Australia tells SingTel-owned Optus to pay cost of replacing hacked ID documentsBy Reuters – Sep 29, 2022

SYDNEY (Reuters) – Australian telecoms giant Optus must pay the cost of replacing the passports and drivers licences of millions of customers whose personal information was stolen…

Credit Suisse names Wang as China securities venture CEO – memoBy Reuters – Sep 28, 2022

By Selena Li HONG KONG (Reuters) – Credit Suisse Group AG has named veteran banker Jing Wang as chief executive officer of its Chinese securities joint venture effective…

China Vanke Unit Onewo Slumps 8% in Hong Kong DebutBy – Sep 28, 2022

By Ambar Warrick– Shares of Onewo Inc (HK:2602), the property management unit of China Vanke Co Ltd (HK:2202), tumbled in their Hong Kong debut amid weak risk…

Our Apps

Terms And Conditions
Privacy Policy
Risk Warning

(C) 2007-2022 Fusion Media Limited. All Rights Reserved.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

About the author