Ann: Myall Creek Well Update, page-45

The absurdity of it all...

"Essentially, Australia is exporting gas at a cheap price, putting that gas through the expensive liquefaction and shipping process, and then re-importing that gas and putting it through the re-gasification process. This is embedding a number of costs in our gas which we simply should not be paying."

....

"This brings us to the fundamental regulatory issue of whether there is a gas “market” at all. If a market existed the gas merry-go-round could not exist. There is no gas “market” on the east coast of Australia; rather a tightly controlled cartel."

Full article >> https://reneweconomy.com.au/a-gas-cartel-run-amok-25377/