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​Queensland LNG players reject ACCC criticisms over local supply

( September 21, 2017, 08:48 GMT | Insight) -- LNG exporters in Queensland have rejected comments made by Australia's antitrust regulator that they are not doing enough to ensure sufficient supply for the local market, which has been blamed for soaring electricity prices, the Australian Financial Review reports. LNG exporters in Queensland have rejected comments made by Australia's antitrust regulator that they are not doing enough to ensure sufficient supply for the local market, which has been blamed for soaring electricity prices, the Australian Financial Review reports. The chief executive of Origin Energy's APLNG gas export venture in Queensland, Warwick King, said they exporters were actively marketing more gas to domestic buyers. Shell pointed to gas pipeline tariffs as the reason for the high prices, and warned that costs would remain high until pipeline access reforms identified by the Australian Competition & Consumer Commission were fully implemented. The comments come as the government prepares to slap restrictions on LNG exports in 2018 to free up gas for the local market. ...

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