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LNG shortfalls in Australia

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LNG Industry,


According to Reuters, Australian Prime Minister Malcolm Turnbull said his government will curb LNG exports in 2018 if the three gas export plants on the east coast fail to fill a projected shortfall, which is bigger than previously expected.

“If we are not able to receive the assurances from the industry to our satisfaction and that of the ACCC (Australian Competition and Consumer Commission), then we will impose those export controls,” Turnbull told reporters following a meeting with top ministers and the competition watchdog.

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