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Australian government strikes deal with gas suppliers to avoid winter shortfall


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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.

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.

Continue reading…Federal resources minister Madeleine King says agreement with three big exporters will ensure security of supply and avoid need for ‘gas trigger’Follow our Australia news live blog for the latest updatesGet our free news app, morning email briefing or daily news podcastThe 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.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. Continue reading…