LNG Export Reforms Spook Australian Producers

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Planned changes to Australia’s policies restricting LNG exports to avoid a domestic gas shortfall are creating fresh regulatory and investor uncertainties, which could discourage new projects and potentially restrict additional supplies coming on line to alleviate the deficit. Australian gas and LNG producers, as well as Northeast Asian importers of Australian LNG, say the proposed export rule changes are risking Australia’s credibility as a reliable LNG exporter. The usually discreet head of Mitsui Australia, Masato Sugahara, recently warned of the risk of “unintended consequences” from the proposed reforms.

Topics:
Gas Demand, Gas Supply, Gas Prices, LNG Supply, LNG Prices, LNG Demand, Policy and Regulation, Fiscal Terms
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