Business
Gas shortage fears ease with new terminal coming online – Sydney Morning Herald
The risk of near-term gas shortages in south-eastern Australia has eased, with a new import terminal expected to counter the effect of a faster-than-expected decline…
Interestingly, the report has lifted the forecast from a year ago for new household and commercial gas users over the next 20 years by 100,000 to an extra 1.6 million connections. That increase comes even as the ACT government has moved to ban new residential gas connections in favour of electricity, and other jurisdictions may follow.
Also of note is the reports assessment that the federal governments so-called gas-led recovery from COVID-19 is unlikely to increase scarcity of the fossil fuel because…
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