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Australia threatens gas majors with 'action' to avert domestic shortage
Published Sun, Mar 19, 2017 · 09:50 PM
Sydney
AUSTRALIA'S minister for resources said on Sunday that the government would take action to avert an energy shortage if big gas producers did not boost supply for the country's domestic market.
Australia is on track to become the world's largest exporter of liquefied natural gas (LNG), yet its energy market operator has warned of a domestic gas crunch from 2019 that could trigger industry supply cuts and broad power outages.
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