Several Australian gas retailers have reported supply issues following the government’s implementation of the gas price cap, which prompts the consumer watchdog to keep a close eye on gas producers.
In a recent gas market development, AGL–the second-largest energy retailer in Australia, confirmed that the company has been unable to secure an incremental contract supply of gas for 2023.
As a result, the energy giant has to stop taking in new commercial and industrial customers.
“AGL understands the importance of securing long-term affordable gas supplies for its commercial and industrial customers,” an AGL spokesperson told The Epoch Times.
“AGL’s commercial and industrial customers who are not contracted for the period from Jan. 1, 2023 have been placed onto default tariffs (or remain on default tariffs).”…