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Why is it, despite having some of the largest LNG gas resources in the world, the Eastern states of Australia pay more for their LNG than customers in Asia? Is
by jussij 3y ago
Why is it, despite having some of the largest LNG gas resources in the world, the Eastern states of Australia pay more for their LNG than customers in Asia?
Is it a coincidence that Western Australia (WA), a state with the most government regulation in regard to LNG exports also has the lowest LNG prices by a long margin?
In general WA, has the most regulated energy sector with the highest level of public ownership in electricity production and transmission, and by strange coincidence it also has the cheapest gas, cheapest coal and lowest electricity prices.