Supply & Demand

Aussie LNG terminals could keep a lid on gas prices – report

LNG terminals could help cap rising gas prices in Australia even though the facilities may not be economically viable
By Staff reporter 2 July 2018 0 31557

LNG terminals could help cap rising gas prices in Australia even though the facilities may not be economically viable, Australia’s Department of Industry, Innovation and Science has said in its latest Resources and Energy Quarterly report.

There have been various proposals to import LNG to southeastern Australia as export plants on the east coast have reduced gas supplies and increased market prices.