Business
Government considers plan to buy gas to lower prices for manufacturers – The Australian Financial Review
Victoria’s emergency draw-down of gas from storage in last month’s cold snap has added fresh urgency to calls for government action on east coast gas.
They and others had also been aired in consultations with gas users over the past 12 months or so by Axiom Economics and NERA Economic Consulting, which were expected to feed into the government’s decision-making process, Mr Richards said.
The need for Victoria to draw on emergency gas from a storage plant during a cold front in early August has added fresh urgency to the problem. While the market operator has forecast a potential shortfall in Victorian gas supplies on cold winter days starting…
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