SUBSCRIBERS
Australia gas supply crunch eases but prices still too high: regulator
Published Wed, Dec 13, 2017 · 09:50 PM
Melbourne
THE shortfall in Australia's gas supply has eased, the country's consumer watchdog said on Wednesday, but warned that prices remained high due to a lack of competition in supply, limited pipeline space and high transport costs.
The nation's gas sector has come under scrutiny as soaring prices and short supply hurt households and threaten manufacturing jobs, stoking political conce…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Oil jumps, equities fall as Iran blasts fan Middle East tensions
Gold set for fifth weekly gain as geopolitical risks buoy demand
Oil holds near 3-week low as US sanctions interrupt easing tensions
Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts
BP reshapes its leadership team as some executives leave
BHP to decide on future of nickel business by August, trims met coal estimates