Major LNG supplier considers curbing exports ...News

Australia is looking to protect consumers at home amid soaring fuel prices Australia, one of the world’s biggest suppliers of liquified natural gas (LNG), said on Monday it may curb exports to avoid a domestic shortage. The announcement comes after the nation’s competition watchdog warned of a shortfall and soaring prices next year, and urged the government to make gas that hasn’t been sold under long-term contracts available domestically before it is exported. The Australian Competition and Consumer Commission (ACCC) said LNG exporters are likely to withdraw more gas from the domestic market than they plan to sup

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