Queensland producers Origin Energy-backed APLNG, Shell’s QCLNG joint venture and Santos’ GLNG committed on Thursday to offer the 157 petajoules that won’t be tied up in export contracts to the domestic market before overseas clients over the next 12 months., hailed the deal as a win, saying it included several measures that would “put downward pressure on prices” for local gas buyers.
“This agreement will ensure Australians continue to have access to secure and reliable gas,” King said.Australia’s trading partners, which are grappling with gas shortages due to a global energy crunch caused by a ban on Russian exports, have been pressuring the government to ensure export contracts are not disrupted by domestic policy.
“I expect manufacturers now to be able to start negotiations that they might have been putting off [due to their] somewhat unfounded expectation that there might have been a very low price cap put on what is an open market and has been for some time.”
buying back our gas at a bargain price...........?
They’ve “promised” ? These gas ships are contracted in advance, either they will or they won’t be shipped! There’s no such thing as “promised” shipped gas
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