Insight - Price factor in Aussie LNG and domestic gas conundrum

Balancing act: People walk past stores on Degraves Street in Melbourne. Consumers, facing massive increases in energy bills, are likely to baulk at export-parity pricing, and put pressure on politicians to ensure both gas and electricity become cheaper. — Bloomberg

AUSTRALIA’S threat to curb exports of liquefied natural gas (LNG) in order to ensure domestic supplies is another unwelcome pressure on a tight global market for the super-chilled fuel.

But it’s not an immediate threat, and it may also not materialise at all, depending on how the various players in Australia react to the government’s planned action.