The AFR on a report from Australian Energy Market Operator warning of a significant risk of a gas shortage in eastern states over the next two years
- And it could worsen
AFR says Australian Prime Minster Malcolm Turnbull & Deputy PM briefing industry leaders in Sydney on Monday
- With moves to secure more gas for the domestic market as close as being be enacted Tuesday
AEMO warned the gas problem - which has contributed to significant spikes in electricity prices in the NEM and forcing the Prime Minister to declare an energy crisis - was "dynamic and could change rapidly" based on factors ranging from colder winter weather or increased industrial demand.
Full article is here: AEMO warns gas 'shortfall could be higher than expected'
--
This would reduce export earnings, and on the other hand would reduce costs/risks to business. Net impact on the economy & the AUD?
.... ****ed if I know ....
