Top Stories

Consumer watchdog delves into gas market - SBS

Consumer watchdog delves into gas marketSBSThe consumer watchdog will investigate Australia's gas market and compel industry figures to provide information in a bid to guarantee affordable energy. Source: AAP. 20 Apr 2017 - 3:34 AM UPDATED 1 MIN AGO ...and more »

Support grows for Australian cross-continent pipeline to combat gas shortages - Seeking Alpha

Support grows for Australian cross-continent pipeline to combat gas shortagesSeeking AlphaAustralia's government may support construction of a 1K-mile gas pipeline likely to cost more than A$5B (US$3.8B), WSJ reports, amid growing concern about shortages of liquefied natural gas and blackouts on the country's populous eastern seaboard.and more »

Australian government reviews LNG exports amidst domestic gas shortage - FuelFix (blog);

Australian government reviews LNG exports amidst domestic gas shortage - FuelFix (blog)

FuelFix (blog)Australian government reviews LNG exports amidst domestic gas shortageFuelFix (blog)Australia's competition regulator said the possible sale of natural gas intended for the country's domestic market to overseas customers instead must be reviewed amid high wholesale prices at home. Ahead of a meeting Wednesday between Prime Minister ...and more »

Australian Government 'Encouraged' By Steps To Avert Gas Crisis - E&P

Australian Government 'Encouraged' By Steps To Avert Gas CrisisE&PThe Australian government said it was "encouraged" on steps taken to avert a gas crisis after meeting on April 19 with producers and the energy market operator, but it held out the threat of regulatory steps to address any supply shortages. Australia's ...and more »

Government may be forced to step in, Turnbull warns gas sector - The Australian;

Government may be forced to step in, Turnbull warns gas sector - The Australian

The AustralianGovernment may be forced to step in, Turnbull warns gas sectorThe AustralianMalcolm Turnbull has warned that the government may further intervene to help deliver affordable gas prices for Australian households and businesses after expressing his “concern” over energy companies' failure to produce a plan to increase supply.and more »

More terrible ideas for a failed gas market - MacroBusiness (blog)

More terrible ideas for a failed gas marketMacroBusiness (blog)…it is not often that Opposition Leader Bill Shorten extracts simple clarity from massive complexity. But he really did hit the nail on its proverbial on Tuesday in saying it is “literally crazy” that export customers are buying Australian gas cheaper ...and more »

Market intervention will not boost gas investment - The Australian

Market intervention will not boost gas investmentThe AustralianMalcolm Turnbull tried to sound positive after his meeting yesterday with gas industry executives and the Australian Energy Market Operator. The last two sentences of the Prime Minister's press release, however, showed the problems facing consumers ...and more »

Malcolm Turnbull orders ACCC gas review - The Australian;

Malcolm Turnbull orders ACCC gas review - The Australian

The AustralianMalcolm Turnbull orders ACCC gas reviewThe AustralianThe nation's east coast gas exporters have failed to provide Malcolm Turnbull with a plan for businesses and households to access reasonably priced gas, prompting the Prime Minister to order three years of industry scrutiny by the Australian ...and more »

Australia Considers Cross-Continent Pipeline to Beat Gas Shortages - Wall Street Journal (subscription)

Australia Considers Cross-Continent Pipeline to Beat Gas ShortagesWall Street Journal (subscription)CANBERRA, Australia—Australia's government may back the construction of a cross-continental gas pipeline likely to cost more than five billion Australian dollars (US$3.8 billion), as alarm builds about liquefied-natural-gas shortages and blackouts on ...and more »

Is there opportunity in current gas 'crisis'? - Newcastle Herald;

Is there opportunity in current gas 'crisis'? - Newcastle Herald

Newcastle HeraldIs there opportunity in current gas 'crisis'?Newcastle HeraldAustralia is on track to become the world's largest exporter of Liquefied Natural Gas (LNG), while households and businesses here are rapidly coming to grips with the cost consequences of this expansion for power bills and gas contracts. A gas crisis ...and more »

Watchdog to keep eye on Australian gas prices - Herald Sun;

Watchdog to keep eye on Australian gas prices - Herald Sun

Herald SunWatchdog to keep eye on Australian gas pricesHerald SunTHE gas industry will be monitored by the corporate watchdog to ensure affordable gas is made available to Australian homes and businesses. Treasurer Scott Morrison has directed the Australian Competition and Consumer Commission to use its inquiry ...and more »

Why Santos owns the gas crisis - The Australian Financial Review;

Why Santos owns the gas crisis - The Australian Financial Review

The Australian Financial ReviewWhy Santos owns the gas crisisThe Australian Financial ReviewThat Kevin Gallagher has become pretty media shy in the gathering gas supply storm is understandable given the starring role Santos has played in its creation. David Mariuz. by Matthew Stevens. It was encouraging to see the conversation-shy Santos ...and more »

Gas summit fails to find 'energy crisis' fix - The Australian Financial Review;

Gas summit fails to find 'energy crisis' fix - The Australian Financial Review

The Australian Financial ReviewGas summit fails to find 'energy crisis' fixThe Australian Financial ReviewGas buyers see little hope of a near-term increase in supplies or lower prices. Michelle Lowings. by; Angela Macdonald-Smith · Fleur Anderson. The high-profile summit between Prime Minister Malcolm Turnbull and the heads of the east coast's largest gas ...and more »

Watchdog to examine Australian gas market - Deniliquin Pastoral Times (registration) (blog)

Watchdog to examine Australian gas marketDeniliquin Pastoral Times (registration) (blog)Gas industry chiefs will once again traipse to Parliament House to be told they need to make more of their energy available to Australians and at a reasonable price. Malcolm Turnbull is holding a second round of talks with gas companies on Wednesday ...and more »

Canberra dusts off WA to east coast gas pipeline - The Australian Financial Review;

Canberra dusts off WA to east coast gas pipeline - The Australian Financial Review

The Australian Financial ReviewCanberra dusts off WA to east coast gas pipelineThe Australian Financial ReviewThe mothballed idea of a trans-continental gas pipeline has been given a fresh airing in Canberra. Glenn Hunt. by; Fleur Anderson · Angela Macdonald-Smith. The long-shelved idea of a pipeline to deliver gas from off the north-west coast to eastern ...and more »

ACCC to turn spotlight on domestic gas market - The Sydney Morning Herald;

ACCC to turn spotlight on domestic gas market - The Sydney Morning Herald

The Sydney Morning HeraldACCC to turn spotlight on domestic gas marketThe Sydney Morning HeraldThe competition watchdog has been asked to "shine a light" into the opaque domestic gas market as the Turnbull government searches for ways to reduce price pressure on consumers and ease industry supply constraints. Following a meeting with the heads ...and more »

Malcolm Turnbull tells ACCC to force greater transparency in gas industry - The Guardian;

Malcolm Turnbull tells ACCC to force greater transparency in gas industry - The Guardian

The GuardianMalcolm Turnbull tells ACCC to force greater transparency in gas industryThe GuardianThe treasurer, Scott Morrison, says the ACCC will be able to identify impediments to efficient liquefied natural gas supply. Malcolm Turnbull. Malcolm Turnbull tells ACCC to force greater transparency in gas industry. Australian Competition and ...and more »

West-to-east gas pipeline being considered by Federal Government, Mathias Cormann confirms - ABC Online;

West-to-east gas pipeline being considered by Federal Government, Mathias Cormann confirms - ABC Online

ABC OnlineWest-to-east gas pipeline being considered by Federal Government, Mathias Cormann confirmsABC OnlineAs the Prime Minister hosted gas industry executives in Canberra on Wednesday, Finance Minister Mathias Cormann confirmed the Government was looking at ways to send natural gas from Western Australia to the eastern seaboard. Malcolm Turnbull called ...and more »

Gas shortage is looming in Australia, experts say - Famagusta Gazette;

Gas shortage is looming in Australia, experts say - Famagusta Gazette

Famagusta GazetteGas shortage is looming in Australia, experts sayFamagusta GazetteAustralian Prime Minister Malcolm Turnbull has warned gas exporters that a domestic shortage of liquefied natural gas (LNG) would be "clearly unacceptable" ahead of talks with industry leaders on Wednesday. Industry watchdogs have warned that a gas ...and more »

Should we pipe WA gas east? - MacroBusiness (blog);

Should we pipe WA gas east? - MacroBusiness (blog)

MacroBusiness (blog)Should we pipe WA gas east?MacroBusiness (blog)The Turnbull Government is considering a “nation-building” plan to back constructing a gas pipeline from WA to the east as part of a multibillion-dollar push to address the national energy crisis. Finance Minister Mathias Cormann told The West ...and more »