Exploration & Production

ACCC chairman calls for more domestic gas in eastern Australia

Australia needs to reserve more gas for its eastern market, the chairman of the Australian Competition and Consumer Commission has said.
By Staff reporter 14 March 2017 0 25042

Australia needs to reserve more gas for its eastern market rather than letting LNG projects sell additional spot cargoes, local media reported Rod Sims, chairman of the Australian Competition and Consumer Commission (ACCC), as saying at the Sydney Gas Conference this week.

"They would be well-advised to support the domestic market as much as they can at this critical time," Sims said.

The three east coast projects – Australia Pacific LNG, Gladstone LNG and Queensland Curtis LNG – have been exporting cargoes for the past two years,...