Australia To Force Gas Giants To Reserve Fuel For Domestic Use
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Australia will look to stave off energy shortages by forcing major gas companies to reserve 20 per cent of their exports for domestic use, Energy Minister Chris Bowen said Thursday.
The country is one of the world’s largest exporters of liquefied natural gas (LNG), a key fuel source in hot demand as war in the Middle East upends global energy markets.
In a bid to shield the nation from “global price volatility”, Australia’s largest gas firms will be forced to ring-
Australia will look to stave off energy shortages by forcing major gas companies to reserve 20 per cent of their exports for domestic use, Energy Minister Chris Bowen said Thursday.
The country is one of the world’s largest exporters of liquefied natural gas (LNG), a key fuel source in hot demand as war in the Middle East upends global energy markets.
In a bid to shield the nation from “global price volatility”, Australia’s largest gas firms will be forced to ring-
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