Australian industrial gas consumers are being forced to buy more expensive imported LNG instead of tapping abundant local reserves, as these have been committed for exports. But what’s worse is that things are not going to get better: prices are seen rising for at least the next ten years, as cheaper gas reserves get depleted and production costs for new deposits rise.
https://oilprice.com/Energy/Natural-Gas/This-Major-LNG-Exporter-Is-Facing-A-Gas-Shortage.html
Australian industrial gas consumers are being forced to buy more...
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