LNG

Labor Party reveals plans for stricter controls on Australia’s LNG exports

The Australian Labor Party will impose stricter controls on LNG exports and introduce a national interest test for new LNG export projects if it is voted into government.
By Staff reporter 4 September 2018 0 32411

The Australian Labor Party will impose stricter controls on LNG exports and introduce a national interest test for new LNG export projects if it is voted into government, party leader Bill Shorten said in a speech in Brisbane on Monday.

“Labor will introduce a permanent gas export control trigger that can be pulled when gas prices are too high, not just when a gas shortfall is forecast,” said Shorten.

“If prices are too high – based on a benchmark set by the [Australian Competition and Consumer Commission]...