Producers may be allowed to breach limit if they give enforceable promise to deliver minimum level of domestic supply
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The Albanese government will extend its price cap on wholesale gas prices until at least mid-2025 in an attempt to limit soaring energy costs.
It will offer exemptions for producers in the domestic market if they can deliver enforceable promises to maintain a certain level of supply.
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Continue reading…Producers may be allowed to breach limit if they give enforceable promise to deliver minimum level of domestic supplyFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe Albanese government will extend its price cap on wholesale gas prices until at least mid-2025 in an attempt to limit soaring energy costs.It will offer exemptions for producers in the domestic market if they can deliver enforceable promises to maintain a certain level of supply.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…