Australian Prime Minister Anthony Albanese is set to work closely with gas companies to address supply issues after an energy report predicts a gas shortfall in 2023 if exporters send all excess gas overseas.
Albanese on Tuesday stressed the importance of ensuring a consistent flow of domestic supply as the government revealed plans to invoke a gas trigger mechanism from next year until January 2030.
“There is currently a portion of the gas that is extracted (that) is uncontracted; that is what we are looking at,” he told the Nine Network on Tuesday.
“We are not looking at interfering with any existing contracts which are there, but we do want to make sure that businesses, manufacturers, can keep going and also that households have access to gas.”…