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Australian LNG Producers Face Prospect of Diverting Exports to Meet East Coast Supply Shortfall

Australian LNG Producers Face Prospect of Diverting Exports to Meet East Coast Supply Shortfall

Australia should divert LNG exports to meet a domestic gas supply shortfall on the east coast next year, the Australia Competition and Consumer Commission (ACCC) said in its latest  report. Australia’s east coast gas market is expected to have a shortage of 56 petajoules (PJ) next year, or about 10% of domestic demand, according to…

August 3, 2022
Australia Natural Gas Supply Outlook Improves; Headwinds Remain

Australia Natural Gas Supply Outlook Improves; Headwinds Remain

Actions taken by Australia’s oil and gas industry to bring more natural gas into the domestic market seem to be working, according to an interim report by the Australian Competition and Consumer Commission (ACCC).

August 23, 2019

Australia’s Deal with Big Three Operators Ends Threat to Curb LNG Exports

Australia is pulling back from threats to curb natural gas exports after three major producers agreed to put more gas into the domestic market to ease potential shortages.

September 27, 2017

Shell-BG Group Pairing Gets Another Regulatory OK

The Australian Competition and Consumer Commission (ACCC) has given unconditional clearance to the proposed merger of Royal Dutch Shell plc and BG Group plc. Three of the five pre-conditions of the merger have now been satisfied.

November 19, 2015

Australian Regulators Put the Brakes on Proposed Shell-BG Merger

Regulators with Australia’s Competition and Consumer Commission (ACCC) said they are concerned that Royal Dutch Shell plc’s proposal to purchase UK-based BG Group plc could lead to higher natural gas prices, and they have postponed a decision on whether to approve the merger for two months.

September 18, 2015