The Australian federal government plans to limit gas exports if supplies to the country’s domestic market fall short will not solve the problem, the Australian Petroleum Production and Exploration Association (APPEA) has said, according to the Financial Review.
Malcolm Roberts, APPEA’s chief executive, was reported saying the problem in the east coast gas market is not only about supply but also about price.
"The prices that are quoted as indicative are unreliable because most supply agreements are bilateral and they’re confidential," Roberts said.
He said APPEA is still...
Log in or register for a free trial to continue reading this article
Not a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.Sign up